by Dan Mitchell | Oct 28, 2020 | Blogs, Economics
Given my complete and utter disdain for socialism, I’m obviously a big fan of this discussion between Rand Paul and John Stossel. In the video, Paul and Stossel draw a distinction between market-friendly welfare states in Scandinavia and genuinely socialist nations...
by Dan Mitchell | Oct 23, 2020 | Blogs, Economics, Minimum Wage
In another display of selfless masochism, I watched the Trump–Biden debate last night. The candidates behaved better, for whatever that’s worth, but I was disappointed that there so little time (and even less substance) devoted to economic issues. One of the few...
by Dan Mitchell | Oct 22, 2020 | Big Government, Blogs, Economics, Government Spending, Taxation
The good news is that the election season is almost over. The bad news is that we’ll have a president next year who does not embrace classical liberal principles of free markets and social tolerance. But that doesn’t mean Trump and Biden are equally bad. Depending on...
by Dan Mitchell | Oct 21, 2020 | Blogs, Economics, States
Back in July, I wrote a three-part series designed to identify the states with the greediest politicians. Part I was based on the top income tax rate in each state. Part II was based on the sales tax rate in each state. Part III was based on the burden of government...
by Dan Mitchell | Oct 13, 2020 | Blogs, Economics
I’ve written favorably about the pro-growth policies of low-tax states such as Texas, Florida, and Tennessee, while criticizing the anti-growth policies of high-tax states such as Illinois, California, and New York. Does that mean we should conclude that “red states”...