by Dan Mitchell | Jun 7, 2022 | Blogs, Economics
As far as I’m concerned, the huge reductions in global poverty in recent decades are the only evidence we need about the benefits of economic growth. This chart I shared in 2014 shows that output doubles much faster when annual...
by Dan Mitchell | Jun 5, 2022 | Blogs, Economics, Free Market
As part of a conference organized by the Face of Liberty International in Nigeria, I reviewed real–world evidence to explain the recipe needed for poor nations to become rich nations. With an emphasis on fiscal policy, of course. I think much of what I said is common...
by Dan Mitchell | Jun 2, 2022 | Blogs, Economics, Taxation
Good tax policy should strive to solve the three major problems that plague today’s income tax. Punitive tax rates on productive behavior.Double taxation of saving and investmentCorrupt, complex, and inefficient loopholes. Today, let’s focus on the...
by Dan Mitchell | May 30, 2022 | Blogs, Economics, Trade
I support free trade for selfish reasons. I want my life to be better and I want my country to be richer. But I also support free trade for selfless reasons. I want other people in other countries to be richer as well. And...
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...
