by Dan Mitchell | Apr 12, 2022 | Blogs, Economics, Taxation
Thomas Piketty is a big proponent of class-warfare tax policy because he views inequality as a horrible outcome. But a soak-the-rich policy agenda, echoed by many other academics such as Emmanuel Saez and Gabriel Zucman,...
by Dan Mitchell | Apr 4, 2022 | Blogs, Economics
In Part I of this series, Professor Don Boudreaux explained the folly of price controls, and Professor Antony Davies was featured in Part II. Now let’s see some commentary from the late, great, Milton Friedman. As Professor Friedman explained, the economics of price...
by Dan Mitchell | Apr 3, 2022 | Blogs, Economics
Since I wrote yesterday about Ukraine’s terrible economic policy, fairness requires that I make the same points about Russia’s similarly dirigiste system. We’ll start with Russia’s scores from the latest edition of Economic Freedom of the World. Not...
by Dan Mitchell | Apr 2, 2022 | Blogs, Economics, Free Market
Regarding Russia’s reprehensible attack on Ukraine, I’ve written three columns. Russian oligarchs don’t deserve much sympathy because they got their riches through cronyism rather than capitalism.Western nations should weaken Putin by...
by Dan Mitchell | Mar 17, 2022 | Big Government, Blogs, Economics, Free Market, Government Spending
I’ve written about President Warren Harding’s under-appreciated economic policies. He restored economic prosperity in the 1920s by slashing tax rates and reducing the burden of government spending. I’ve also written many...