by Dan Mitchell | Sep 21, 2025 | Big Government, Blogs, Economics, Free Market, Regulations
Earlier this month, I shared some research about the economic cost of ambiguous laws, which I called clutter. Today’s column will do something similar, except the term used will be “anti-competitive market distortions.” Here’s a visual from a new...
by Dan Mitchell | Sep 17, 2025 | Blogs, Economics, Taxation
More than 15 years ago, I shared a 2007 video about the corporate income tax. One of my first points in that nine-minute video was that businesses pay the tax, but people bear the burden. I elaborate in this much-shorter clip from a recent...
by Dan Mitchell | Sep 12, 2025 | Big Government, Blogs, Economics, Regulations
I’ve written endlessly about the negative effect of high tax rates on productive behavior, as well as some quirky examples of how taxes lead to some unintended consequences. Today, let’s consider how government regulations distort...
by Dan Mitchell | Sep 10, 2025 | Blogs, Economic Growth
When assessing the strength of the labor market, it’s more important to focus on the employment rate rather than the unemployment rate. After all, economic output is a function of the quantity and quality of labor and capital in the economy. And...
by Dan Mitchell | Sep 9, 2025 | Blogs, Economics, Free Market
I put a lot of focus on “convergence” and “divergence” because economic theory says rich countries should not grow faster than poor countries. So when there are examples of divergence, especially when looking at decades of data, we can learn very important...