by Dan Mitchell | Mar 14, 2016 | Big Government, Blogs
I’m a big fan of Estonia. According to both the Fraser Institute and the Heritage Foundation, it has considerable economic freedom. It has a low-rate flat tax, meaning that investors, entrepreneurs, and small-business owners aren’t punished for contributing more to...
by Dan Mitchell | Jul 23, 2015 | Blogs, Economics, Tax Competition, Taxation
I’m very fond of Estonia, and not just because of the scenery. Back in the early 1990s, it was the first post-communist nation to adopt a flat tax. More recently, it showed that genuine spending cuts were the right way to respond to the 2008 crisis (notwithstanding...
by Dan Mitchell | May 3, 2015 | Blogs, Economics
Even small differences in economic growth make a big difference to living standards over time. I frequently share this chart, which highlights how long it takes to double economic output based on different growth rates. I also use real-world examples to show how some...
by Dan Mitchell | Mar 21, 2015 | Big Government, Blogs, Economics, Government Spending
I don’t know which group is more despicable, Greek politicians or the voters who elected them. In both cases, they think they’re entitled to other people’s money. But since the “other people” in this case happen to live in nations such as Germany and Finland, and...
by Dan Mitchell | Nov 22, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation
I shared an astounding chart last month showing that tax increases account for 90 percent of the so-called “austerity” in Europe. The author of the chart, Veronique de Rugy of the Mercatus Center, calls this “private sector austerity” and she correctly argues that her...
