by Dan Mitchell | Oct 18, 2019 | Blogs, Economics
There’s an entire field of economics called “public choice” that analyzes the (largely perverse) incentive structures of politicians and bureaucrats. But is economic analysis also helpful to understand voting and elections? In the past, I’ve suggested that political...
by Dan Mitchell | Oct 15, 2019 | Blogs, Economics
Last year, I wrote a column that investigated why the left is fixated on the unequal distribution of income and wealth, yet doesn’t seem to care at all about unequal distribution of attractiveness. The question becomes even more intriguing when you consider that...
by Dan Mitchell | Oct 10, 2019 | Blogs, Economics, Supply Side, Taxation
In addition to being a contest over expanding the burden of government spending, the Democratic primary also is a contest to see who wants the biggest tax increases. Bernie Sanders and Elizabeth Warren have made class-warfare taxation an integral part of their...
by Dan Mitchell | Oct 9, 2019 | Blogs, Economics, Taxation
The New York Times is going overboard with disingenuous columns. A few days ago, I pointed out the many errors in David Leonhardt’s column extolling the wealth tax. I also explained back in August how Steven Greenhouse butchered the data when he condemned the American...
by Dan Mitchell | Oct 5, 2019 | Blogs, Economics, Free Market
Last century, I remember reading about the “Washington Consensus,” which was a term that was used to describe the kind of policy advice in those days provided to (or imposed upon) the developing world by the IMF, World Bank, and U.S. Treasury. I never studied the...
