by Dan Mitchell | Jul 3, 2023 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
The economic analysis of taxation has plenty of jargon, statistical analysis, and complicated graphs, which can make it seem very mysterious to ordinary people. But the core principles are actually very easy to understand. Simply stated,...
by Dan Mitchell | Jul 2, 2023 | Blogs, Economics
In 2022, I did a seven-part series about Bidenomics, focusing on the president’s track record on subsidies, inflation, protectionism, household income, fiscal policy, red tape, and labor-force participation. Let’s take an...
by Dan Mitchell | Jun 28, 2023 | Big Government, Blogs, Economics, Regulations
As Frederic Bastiat sagely observed nearly 200 years ago, a good economist considers the indirect or secondary effects of any action. For instance, a politician might claim we can double tax revenue by doubling tax rates, but a sensible...
by Dan Mitchell | Jun 19, 2023 | Big Government, Blogs, Economics, Regulations
Economists are not anti-regulation, but they are skeptical of rules and mandates that don’t pass a cost-benefit test. Politicians, meanwhile, generally don’t care about regulation. They are not impervious to evidence and analysis, but they mostly want...
by Dan Mitchell | Jun 17, 2023 | Blogs, Economics
I have done eight columns comparing Texas and California and five columns comparing Florida and New York. But maybe it is time to compare Florida and California? If I do, there’s no comparison, at least based on how people vote with their...
