by Dan Mitchell | Jun 15, 2021 | Big Government, Blogs, Government Spending
Politicians and bureaucrats are (self-interested) conduits for taking money from one group of people and giving it to another group of people. Milton Friedman famously explained that this is why they largely don’t care about how much money is spent or how...
by Dan Mitchell | Jun 4, 2021 | Big Government, Blogs, Government Spending, Taxation
While Paul Krugman sometimes misuses and misinterprets numbers for ideological reasons (see his errors regarding the United States, France, Canada, the United States, Estonia, Germany, the United States, and the United Kingdom),...
by Dan Mitchell | Jun 1, 2021 | Big Government, Blogs, Government Spending
In the world of public finance, Ireland is best known for its 12.5 percent corporate tax rate. That’s a very admirable policy, as will be momentarily discussed, but my favorite Irish policy was the four-year spending freeze in the late 1980s....
by Dan Mitchell | May 28, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements
There are many things to dislike about President Biden’s budget plan to expand the burden of government. Class-warfare tax policy.Expanding welfare.Higher levels of red ink. There will be ample opportunity to write about these issues in the coming weeks. For today,...
by Dan Mitchell | May 22, 2021 | Big Government, Blogs, Government Spending, Taxation
I’ve shared all sorts of online quizzes that supposedly can detect things such as whether you’re a pure libertarian. Or even whether you’re a communist. Today, courtesy of the folks at the Committee for a Responsible Budget, you can agree or...