by Dan Mitchell | Sep 3, 2019 | Big Government, Blogs, Economics
Ronald Reagan must be turning over in his grave. A Republican president is pushing protectionist policies that hurt American consumes and taxpayers. A Republican president and Congress are spending like drunken sailors (apologies to drunken sailors). Now some...
by Dan Mitchell | Sep 2, 2019 | Blogs, Economics, Free Market
I’ve periodically explained that capital formation (more machines, technology, etc) is necessary if we want higher wages. Simply stated, workers get paid on the basis of what they produce and the most effective way of boosting productivity is to have more saving and...
by Dan Mitchell | Sep 1, 2019 | Blogs, Economics, Tax Competition, Tax Harmonization, Taxation
Speaking in Europe earlier this year, I tried to explain the entire issue of tax competition is less than nine minutes. To some degree, those remarks were an updated version of a video I narrated back in 2010. You’ll notice that I criticized the Organization for...
by Dan Mitchell | Aug 30, 2019 | Blogs, Economics, Socialism
Three years ago, I shared a cartoon that succinctly summarized the problem with socialism and the welfare state. It’s the same lesson that we also get from Thomas Sowell, which is that redistribution over time creates an ever-larger number of dependents financed by...
by Dan Mitchell | Aug 27, 2019 | Blogs, Economics, Europe
My primary job is dealing with misguided public policy in the United States. I spend much of my time either trying to undo bad policies with good reform (flat tax, spending restraint, regulatory easing, trade liberalization) or fighting off additional bad...
