by Dan Mitchell | Oct 1, 2025 | Big Government, Blogs
In 2013, during a political squabble over a previous government shutdown, here’s some of what I wrote. …in my libertarian fantasy world, we leave it closed. Or at least we never bother to reopen counterproductive bureaucracies such as the Department of...
by Dan Mitchell | Sep 28, 2025 | Blogs, Economics, Taxation
I often explain that the Laffer Curve does not mean that tax increases result in less revenue. In the vast majority of cases, politicians will get more money if they raise tax rates. What the Laffer Curve explains is that they probably won’t...
by Dan Mitchell | Sep 27, 2025 | Big Government, Blogs, Government Spending
I’ve repeatedly written about the likelihood of another European fiscal crisis (see here, here, here, and here), and I’ve specifically speculated that Italy will be the first domino (see here, here, here, here, here,...
by Dan Mitchell | Sep 24, 2025 | Big Government, Blogs, Government Spending, Taxation
My 20th Theorem of Government is based on the very simple – but empirically rigorous – premise that the key fiscal variable is spending growth. If government is restrained, there are inevitably good outcomes. If government grows rapidly,...
by Dan Mitchell | Sep 23, 2025 | Blogs, Capital Gains, Economics, Supply Side, Taxation
From a big-picture economic perspective, I worry most about the damage of high tax burdens on innovation, entrepreneurship, and investment. Those are things that generate enormous benefits for society, yet also things that...
