by Dan Mitchell | Nov 14, 2022 | Big Government, Blogs, Economics, Government Spending
I explained last week that excessive government spending is responsible for about 97 percent of America’s fiscal deterioration in the 21st century. I followed that column with two post-election pieces that explained how huge tax increases will be...
by Dan Mitchell | Nov 3, 2022 | Blogs, Economics, Taxation
The Laffer Curve is a very straightforward concept. It graphically illustrates why politicians are wrong if they think you can double tax revenue by doubling tax rates (or that revenues will drop by 50 percent if tax rates are cut in half)....
by Dan Mitchell | Oct 28, 2022 | Blogs, Economics, Europe
The European Union started as a good idea (unfettered free trade between member nations) and has morphed into a troubling idea (a super-state based on centralization, harmonization, and bureaucratization). And I fear it is heading further in...
by Dan Mitchell | Oct 16, 2022 | Big Government, Blogs, Economics
In a recent column about Haiti, I cited a New York Times column and expressed puzzlement that the author could write about that nation’s poverty and barely mention the role of economic policy. Today, we’re going to focus on Nigeria. Just like...
by Dan Mitchell | Oct 14, 2022 | Blogs, Economics, Free Market
There are some Caribbean jurisdictions that are very rich and successful, such as the Cayman Islands. There are others that have middle-of-the-road track records, such as Barbados. Then there’s the basket case of Haiti. Here’s data from the World...
