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Comparing Living Standards: The United States vs European Countries and other Developed Nations

Comparing Living Standards: The United States vs European Countries and other Developed Nations

by Dan Mitchell | Jul 29, 2020 | Blogs, Economics

My view of the U.S. economic policy often depends on whether I’m writing about absolute levels of laissez-faire or relative levels of laissez-faire. If my column is about the former, I generally complain about excessive spending, punitive taxation, senseless red...

Donald Trump Is No Ronald Reagan

by Dan Mitchell | Jul 27, 2020 | Big Government, Blogs, Government Spending

Way back in January of 2017, I predicted for a French TV audience that Donald Trump would be a big spender like George Bush instead of a small-government conservative like Ronald Reagan. Sadly, I was right. I crunched the numbers earlier this year and showed that...
Democratic Socialism Doesn’t Work Any Better than Totalitarian Socialism

Democratic Socialism Doesn’t Work Any Better than Totalitarian Socialism

by Dan Mitchell | Jul 26, 2020 | Blogs, Economics, Socialism

When I write about socialism, I often point out that there’s a difference between how economists define it (government ownership, central planning, and price controls) and how normal people define it (lots of taxes, redistribution, and intervention). These definitions...
OECD Data: Higher Tax Rates Don’t Necessarily Mean Higher Tax Revenue

OECD Data: Higher Tax Rates Don’t Necessarily Mean Higher Tax Revenue

by Dan Mitchell | Jul 24, 2020 | Blogs, Economics, Laffer Curve, Supply Side, Taxation

I participated in a debate yesterday on “tax havens” for the BBC World Service. If you read last month’s two-part series on the topic (here and here), you already know I’m a big defender of low-tax jurisdictions. But it’s always interesting to interact with people...
Ranking Presidents: Was Woodrow Wilson the Worst of the Worst?

Ranking Presidents: Was Woodrow Wilson the Worst of the Worst?

by Dan Mitchell | Jul 7, 2020 | Blogs, Economics, Taxation

I certainly don’t intend to do this for everyone who has made it to the White House, but I have produced big-picture economic assessments of several presidents. Herbert Hoover Franklin Roosevelt Richard Nixon Ronald Reagan George H.W. Bush Bill Clinton George W. Bush...
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