by Dan Mitchell | May 28, 2022 | Blogs, Economics, Taxation, Uncategorized
Back in 2018, I shared some academic research on the relationship between state tax rates and the performance of professional football teams. The main takeaway is that teams based in high-tax states did not win as many games, on average, as teams based in...
by Dan Mitchell | May 14, 2022 | Blogs, Economics, Trade
When the Commerce Department announced in February that the United States had a record trade deficit for 2021, I shared this video to help make the point that those trade numbers were that year’s “least important economic news.” The main thing to understand is that a...
by Dan Mitchell | Apr 16, 2022 | Blogs, Economics
I’m more than happy to condemn Joe Biden for his bad policy proposals, such as higher tax rates, fake stimulus, red tape, and a bigger welfare state. But as I discuss in this segment from a recent interview, he bears very little blame for today’s...
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...
