by Dan Mitchell | Feb 20, 2024 | Big Government, Blogs, Government Spending
The world’s most sensible political leader is President Javier Milei of Argentina. But that doesn’t mean he will succeed in rescuing his nation’s Peronism-warped economy. Especially since left-leaning parties control the legislature. But he’s...
by Dan Mitchell | Feb 13, 2024 | Blogs, States, Taxation
The Laffer Curve is the common-sense notion that people respond to incentives. And even Paul Krugman admits this has implications for tax revenue. For instance, if tax rates increase, people may decide to earn and/or report less taxable income....
by Dan Mitchell | Feb 11, 2024 | Big Government, Blogs, Government Spending
Three days ago, I explained that modest spending restraint could solve America’s fiscal problems. In today’s column, let’s expand on that topic. We’ll start with this clip from a recent interview. If you don’t want to spend a couple of minutes watching...
by Dan Mitchell | Feb 8, 2024 | Big Government, Blogs, Government Spending
Way back in 2010, and then over and over again in subsequent years, I have showed that it is very simple to balance the budget. All that is necessary is some reasonable spending restraint, sort of like what happened during...
by Dan Mitchell | Feb 7, 2024 | Big Government, Blogs, Government Spending
I’ve written many columns about Venezuela, Chile, and Argentina, but only one column specifically about Mexico. Since I’m currently in Mexico City doing some meetings and research about Mexico’s economic policy, time to make up for that lack...
