by Dan Mitchell | Sep 3, 2020 | Uncategorized
Yesterday, the Congressional Budget Office released updated budget projections. The most important numbers in that report show what’s happening with the overall fiscal burden of government – measured by both taxes and spending. As you can see, there’s a big one-time...
by Dan Mitchell | Sep 1, 2020 | Big Government, Blogs, Economics, Government Spending
If Donald Trump wins the 2020 election, I don’t expect any serious effort to rein in the burden of government spending. And if Joe Biden wins the 2002 election, I don’t expect any serious effort to rein in the burden of government spending. At the risk of...
by Dan Mitchell | Aug 29, 2020 | Blogs, Economics, Taxation
Two weeks ago, I shared some video from a presentation to the New Economic School of Georgia (the country, not the state) as part of my “Primer on the Laffer Curve.” Here’s that portion of that presentation that outlines the principles of sensible taxation. Just in...
by Dan Mitchell | Aug 28, 2020 | Blogs, Economics, Free Market, Socialism
Part I of this series featured Dan Hannan explaining how the emergence of capitalism led to mass prosperity, while Part II featured Madeline Grant explaining how competition and cooperation make markets so successful. Today, in Part III, Andy Puzder compares...
by Dan Mitchell | Aug 27, 2020 | Blogs, Economics
It’s not often (actually, only once) that I share a video lasting nearly two hours. But this video – revolving around the intellectual rivalry between pro-market Hayek and pro-intervention Keynes – is an excellent summary of 20th-century economic policy. We learn...
