by Dan Mitchell | Sep 30, 2022 | Big Government, Blogs, Economics, Government Spending
Most people have heard of the Laffer Curve, which shows that there is a non-linear relationship between tax rates and tax revenues (for instance, doubling tax rates won’t produce a doubling of tax revenue because people and businesses will have less...
by Dan Mitchell | Sep 27, 2022 | Blogs, Economics, Socialism
Based on Sunday’s election in Italy, the nation’s next Prime Minister almost certainly will be Giorgia Meloni, which has some worried that Italy is returning to the “far right” fascism of Benito Mussolini. From an economic perspective, though, it would...
by Dan Mitchell | Sep 22, 2022 | Blogs, Economics, Europe, Free Market
I wrote just yesterday about Europe lagging behind the United States, and that’s in addition to many similar columns over the past year. But let’s not forget that Europe is also the cradle of classical liberalism, and that...
by Dan Mitchell | Sep 14, 2022 | Blogs, Economics
According to polling data, President Biden is not getting good grades for economic policy. Part of that is because of inflation, though I’ve repeatedly pointed out that the blame belongs with the Federal Reserve rather than Biden. And the big...
by Dan Mitchell | Sep 9, 2022 | Blogs, Economics, Free Market
When I wrote about the 2021 edition of Economic Freedom of the World, I noted that both Chile and Canada were drifting in the wrong direction. In the just-released 2022 version, there’s not any good news about those two...
