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New IMF Study Shows U.S. Would Benefit from Lower Tax Rates and Less Government Spending

by Dan Mitchell | Mar 10, 2018 | Blogs, Economics

I’m not a fan of international bureaucracies, but they’re not universally bad. Yes, we almost always get a bad policy agenda from the left-leaning political appointees who run these organizations. But it’s also true that the professional economists at these...
Switzerland: Home to Practical Libertarians rather than Ideological Libertarians

Switzerland: Home to Practical Libertarians rather than Ideological Libertarians

by Dan Mitchell | Mar 7, 2018 | Blogs, Taxation

The Swiss people are normally very sensible when asked to vote in national referendums. Here are some recent results. In 2010, nearly 60 percent of the electorate rejected a class-warfare income tax proposal. In 2014, Swiss voters overwhelmingly killed a minimum-wage...
Everything You Need to Know about Federal Spending in Five Charts

Everything You Need to Know about Federal Spending in Five Charts

by Dan Mitchell | Mar 1, 2018 | Big Government, Blogs, Government Spending

I write constantly (some would say incessantly and annoyingly) about entitlement spending. And I occasionally write about discretionary spending. It’s time to address the budget in a comprehensive fashion. Let’s look at five charts to put everything in context and to...
Trump’s Spending Splurge Is a Long-Run Recipe for Higher Taxes and Less Prosperity

Trump’s Spending Splurge Is a Long-Run Recipe for Higher Taxes and Less Prosperity

by Dan Mitchell | Feb 28, 2018 | Big Government, Blogs, Economics, Government Spending, Taxation

I sometimes sardonically comment about Democratic politicians playing Santa Claus, but Republicans can play that game as well. Trump and his allies in Congress recently agreed on a big-spending budget deal that lavishes more money on both the Pentagon and domestic...
If Scandinavian Nations Are Socialist, so Is the United States

If Scandinavian Nations Are Socialist, so Is the United States

by Dan Mitchell | Feb 25, 2018 | Blogs, Economics

In yesterday’s column, I shared a humorous video mocking the everywhere-its-ever-been-tried global failure of socialism. And I tried to preempt the typical response of my left-wing friends by pointing out that Scandinavian nations are not role models for statism. In...
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