by Dan Mitchell | Jun 8, 2021 | Economics
I’ve spent several decades trying to convince people that we should have free markets and small government in order to increase national prosperity. Indeed, I’ve even pointed out how very small increases in annual growth can lead to big...
by Dan Mitchell | Jun 7, 2021 | Blogs, Economics
During the Obama years, I shared a cartoon strip that cleverly makes the point that some people will choose not to work if they can get enough goodies from the government. That Wizard-of-Id parody has been viewed more than 56,000 times, which suggests many...
by Dan Mitchell | Jun 5, 2021 | Blogs, Economics, Trade
Biden campaigned for higher taxes and a bigger welfare state, so I haven’t been surprised by his misguided fiscal agenda. That being said, I was modestly hopeful that he would move trade policy in the right direction after four years...
by Dan Mitchell | May 29, 2021 | Big Government, Blogs, Economics, Free Market
When I debate public policy with leftists, I frequently stump them by asking for an example of a country where their ideas have worked. They get flummoxed for the simple reason that no nation has ever become rich with big government. There are some...
by Dan Mitchell | May 27, 2021 | Blogs, Economics, Taxation
Back in 2013, the Tax Foundation published a report that reviewed 26 academic studies on taxes and growth. That scholarly research produced a very clear message: The overwhelming consensus was that higher tax rates were bad news for prosperity,...