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Doubling Down on Failure: Former Obama Official Calls for U.S.-Financed Keynesian Spending Binge in Europe

by Dan Mitchell | May 1, 2012 | Big Government, Blogs, Economics, Keynesian

There’s an old saying that insanity is doing the same thing over and over again while expecting different results. This certainly is a good description of Keynesians, who relentlessly push more government spending as some sort of magic potion for the economy –...

Miracles Do Happen: Someone in Brussels Accurately Analyzes Europe’s Fiscal Crisis!

by Dan Mitchell | Apr 24, 2012 | Big Government, Blogs, Economics, Europe, Government Spending

With the exception of a few top-notch thinkers such as Pierre Bessard and Allister Heath, there are very few people in Europe who can intelligently analyze public policy, particularly with regard to fiscal issues. I don’t know if Fredrik Erixon of the Brussels-based...
If You Want To Understand Why Obama’s Tax Agenda Is Bad for Workers, this Picture Says a Thousand Words

If You Want To Understand Why Obama’s Tax Agenda Is Bad for Workers, this Picture Says a Thousand Words

by Dan Mitchell | Apr 23, 2012 | Blogs, Capital Gains, Economics, Taxation

A good tax system (like the flat tax) does not impose extra layers of tax on income that is saved and invested. I’ve tried to emphasize this point with a flowchart, and I’ve defended so-called trickle-down economics, which is nothing more than the common-sense notion...

Explaining in the New York Post Why Obama’s Soak-the-Rich Tax Policy Is Doomed to Failure

by Dan Mitchell | Apr 18, 2012 | Blogs, Economics, Laffer Curve, Taxation

I think high tax rates on certain classes of citizens are immoral and discriminatory. If the government is going to collect revenue, all taxpayers should be treated equally, with something akin to a simple flat tax. But most people don’t seem to care about having the...

Professor Greg Mankiw: If You Value Individual Liberty, then Protect, Promote, and Preserve Competition Between Governments

by Dan Mitchell | Apr 16, 2012 | Blogs, Economics, Tax Competition, Taxation

Other than my experiment dealing with corporate taxation, the first video I narrated for the Center for Freedom and Prosperity dealt with the issue of tax competition. It was a deliberate choice because I view competition among governments as one of the few effective...
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