by Dan Mitchell | Nov 16, 2016 | Blogs, Economics, Flat Tax, Taxation
I’m a big fan of the Baltic nations of Estonia, Latvia, and Lithuania. These three countries emerged from the collapse of the Soviet Empire and they have taken advantage of their independence to become successful market-driven economies. One key to their relative...
by Dan Mitchell | Nov 13, 2016 | Blogs, Economics, Supply Side, Tax Competition, Taxation
Back in 2010, I shared a cartoon video making a very important point that there’s a big downside when class-warfare politicians abuse and mistreat highly productive taxpayers. Simply stated, the geese with the golden eggs may fly away. And this isn’t just theory. As...
by Dan Mitchell | Nov 10, 2016 | Big Government, Blogs, Economics, Government Spending
A couple of days ago, I wrote about Clemens Schneider’s hypothesis, presented at the European Students for Liberty regional conference in Maastricht, that 1356 was a very important year in European history because of two events that promoted decentralization and...
by Dan Mitchell | Nov 3, 2016 | Big Government, Blogs, Economics
In 2008, government spending consumed 50.9 percent of economic output in Greece according to OECD fiscal data. That same year, Greece’s score from Economic Freedom of the World was 7.12 (on a 0-10 scale), which was rather poor for a supposedly developed country and...
by Dan Mitchell | Nov 2, 2016 | Uncategorized
While the political world is consumed by the various scandals and baggage of the two main presidential candidates, let’s play a game of make-believe. Let’s pretend that politicians aren’t crooks and clowns and instead actually want to make America’s economy more...