by Dan Mitchell | Sep 30, 2022 | Big Government, Blogs, Economics, Government Spending
Most people have heard of the Laffer Curve, which shows that there is a non-linear relationship between tax rates and tax revenues (for instance, doubling tax rates won’t produce a doubling of tax revenue because people and businesses will have less...
by Dan Mitchell | Sep 28, 2022 | Blogs, Economics, Taxation
It is disappointing that the bureaucrats at the International Monetary Fund routinely advocate for higher taxes and bigger government in nations from all parts of the world (for examples,...
by Dan Mitchell | Sep 24, 2022 | Big Government, Blogs, Government Spending
I strongly supported Brexit in part because I wanted the United Kingdom to have both the leeway and the incentive to adopt pro-market policies. Imagine my disappointment, then, when subsequent Conservative Prime Ministers did nothing...
by Dan Mitchell | Sep 18, 2022 | Blogs, Taxation
I celebrate when my friends on the left stumble into economic insights. For instance, many of them sound like Milton Friedman when they pontificate in favor of higher tobacco taxes because they want people to smoke fewer cigarettes. As a libertarian, I...
by Dan Mitchell | Sep 12, 2022 | Big Government, Blogs, Europe, Government Spending
Last month, I wrote an article comparing Switzerland’s admirable fiscal policy with the profligate tendencies of other European nations. I included a chart showing that the burden of government spending in Switzerland is far below where...
