by Dan Mitchell | Jun 23, 2020 | Blogs, Economics, Taxation
As part of my presentation earlier this month to IES Europe, I discussed topics such as comparative economics and federalism. I also had a chance to explain why tax havens are good for global prosperity. Many of the points I made will be familiar to regular readers....
by Dan Mitchell | Jun 19, 2020 | Blogs, Economics, Free Market
When writing yesterday’s column about new competitiveness rankings from the IMD business school in Switzerland, I noticed that I have not yet written about this year’s edition of the Index of Economic Freedom. Time to rectify that oversight. We’ll start with a look at...
by Dan Mitchell | Jun 13, 2020 | Blogs, Economics
If you want to understand how government really works, learn about “public choice.” This is the common-sense theory that politicians and other people in politics often make decisions based on self interest, and it does a very good job of explaining why we get so many...
by Dan Mitchell | Jun 12, 2020 | Blogs, Economics
There’s much to dislike about Keynesian economics, most notably that it tells politicians that their vice – buying votes by spending other people’s money – is somehow a virtue. Advocates of Keynesianism also can be very simplistic, sometimes falling victim to the...
by Dan Mitchell | Jun 9, 2020 | Blogs, Economics
As part of my recent presentation to IES Europe, here’s what I said (and what I’ve said many times before) about the relationship between economic policy and national prosperity. My remarks focused in part on the difference between absolute economic liberty and...