by Dan Mitchell | Oct 3, 2019 | Blogs, Economics, Taxation
I sometimes mock the New York Times for dodgy and inaccurate writing about economics. Though, to be fair, the paper has many sound journalists who do a good job, so I should be more careful about explaining that the mistakes are the result of specific reporters and...
by CF&P | Oct 1, 2019 | Blogs, Economics
Today, October 1, is the 70th anniversary of communists seizing power in China. Given the horrible consequences of Mao’s rule, including tens of millions of deaths from famine and tyranny, this tweet from President Trump seems rather inappropriate. Congratulations to...
by Dan Mitchell | Sep 30, 2019 | Blogs, Economics, Taxation
I was interviewed a couple of days ago about rival tax plans by various Democratic presidential candidates. It’s the “Class Warfare Olympics,” and even Joe Biden is thinking about going hard left with a tax on financial transactions. It’s not just Joe Biden’s crazy...
by Dan Mitchell | Sep 24, 2019 | Blogs, Economics, Trade
According to the most-recent edition of Economic Freedom of the World, Brazil is only ranked #120, which is lower than nations such as Greece, Haiti, and China. Brazil gets a horrible grade on regulation, and it’s also in the bottom half of all nations when looking...
by Dan Mitchell | Sep 22, 2019 | Big Government, Blogs, Economics, Government Spending, Taxation
The International Monetary Fund is infamous for its advocacy of higher taxes. Heck, it’s not merely advocacy. The international bureaucracy uses bailout money as a tool to coerce politicians into approving higher tax burdens. This is so reprehensible that I’ve...