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The Most Economically Free State Is…?

The Most Economically Free State Is…?

by Dan Mitchell | Nov 23, 2022 | Blogs, Economics, States

According to the Fraser Institute’s Economic Freedom of the World, New Hampshire was the most economically free state in America in 2017, 2018, and 2019. But the state famous for “Live Free or Die” has now been replaced by the Sunshine State. The...
Augmenting the Case for Spending Restraint

Augmenting the Case for Spending Restraint

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...
The IMF, the Laffer Curve, and Supply-Side Economics

The IMF, the Laffer Curve, and Supply-Side Economics

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)....
European Fiscal Policy Week, Part V: The European Union, Centralization, and Redistribution

European Fiscal Policy Week, Part V: The European Union, Centralization, and Redistribution

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...
Nigeria and the Cost of Bad Government

Nigeria and the Cost of Bad Government

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...
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