by Dan Mitchell | Aug 13, 2022 | Blogs, Economics, Health Care
The central message of “Mitchell’s law” is certainly not something I concocted. Economists and other policy experts have known for a couple of hundred years that politicians have a tendency to makes mistakes and then use the resulting damage as a justification...
by Dan Mitchell | Aug 8, 2022 | Big Government, Blogs, Economics
A big argument for free enterprise over statism is that the former delivers growth while the latter leads to stagnation. And that’s very apparent when you review decades of data. The case for capitalism is especially powerful if you care...
by Dan Mitchell | Aug 5, 2022 | Blogs, Economics, Taxation
Back in 2009, I narrated a video about the downsides of class-warfare tax policy. But if you don’t want to spend eight minutes watching the video (or 14 minutes watching this video), here’s a visual that summarizes why high tax rates discourage...
by Dan Mitchell | Aug 3, 2022 | Blogs, Economics, Taxation
The capital gains tax is double taxation, and that’s a bad idea (assuming the goal is faster growth and higher wages). Let’s consider how it discourages investment. People earn money, pay tax on that money, and then need to...
by Dan Mitchell | Aug 2, 2022 | Blogs, Economics, Free Market
At the start of this interview, I cite Economic Freedom of the World and the Index of Economic Freedom to make the point that more economic liberty is correlated with more human prosperity. For purposes of today’s column, I want to focus on the last half of the...
