by Dan Mitchell | Jan 26, 2025 | Big Government, Blogs, Government Spending
I’m a big fan of Ireland’s low corporate tax rate for three reasons. First, it shows that good tax policy generates positive economic outcomes as per-capita GDP in Ireland has grown by record amounts. Second, it shows that lower tax rates can in some...
by Dan Mitchell | Jan 21, 2025 | Big Government, Blogs, Government Spending
The most important goal of fiscal policy should be a small burden of government, and I explain in this video that you achieve that goal by restraining the growth of spending. Small government is good for prosperity since it means politicians are not...
by Dan Mitchell | Jan 20, 2025 | Big Government, Blogs, Economics, Government Spending, Regulations
Yesterday, I celebrated Biden’s exit from Washington. We have 50-plus years of evidence showing he is a corrupt, big-government mediocrity. Good riddance. But Biden being bad does not imply Trump being good. Instead, he’s an incoherent mix. Some of his...
by Dan Mitchell | Jan 17, 2025 | Big Government, Blogs, Free Market, Government Spending
Vietnam’s economic trajectory is similar to China’s. Horrible poverty and even starvation (in the case of China) during the days of hard-core communism. Less poverty today thanks to a few pro-market reforms starting in the 1980s. Still low-to-middle income...
by Dan Mitchell | Jan 15, 2025 | Big Government, Blogs, Government Spending
My recent book explains that we are stumbling our way to a fiscal crisis. If there’s any hope of avoiding a disaster, it will probably happen when and if good members of Congress (a vanishing breed) refuse to allow an increase in the debt...
