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The Drift to Statism in the Western World

The Drift to Statism in the Western World

by Dan Mitchell | Apr 19, 2024 | Blogs, Economics, Free Market

Three years ago, I wrote about the erosion of economic liberty in Western Europe (specifically, the 15 nations that comprised the European Union between 1995-2004). Sadly, here’s a more up-to-date chart showing that the loss of economic...
The Most Economically Illiterate Tweet of 2023

The Most Economically Illiterate Tweet of 2023

by Dan Mitchell | Jun 27, 2023 | Blogs, Europe

Earlier this month, I mocked CNN for a nonsensical tweet about inflation. The network said there was no consensus about the cause of inflation even though it is glaringly obvious that the Federal Reserve’s bad monetary...
The IMF’s Dirigiste Tax Agenda, Part II

The IMF’s Dirigiste Tax Agenda, Part II

by Dan Mitchell | Feb 19, 2023 | Big Government, Blogs, Taxation

Yesterday’s column reviewed a new report from the International Monetary Fund and criticized that bureaucracy for celebrating how the world’s most-powerful governments are going to take more money from the private sector thanks to a corporate tax cartel. But that’s...
The IMF’s Dirigiste Tax Agenda, Part I

The IMF’s Dirigiste Tax Agenda, Part I

by Dan Mitchell | Feb 18, 2023 | Blogs, Tax Competition, Tax Harmonization, Taxation

Thanks in large part to the pro-growth agendas of Margaret Thatcher and Ronald Reagan, but also giving credit to policymakers in nations like Ireland and Switzerland, businesses (and their workers, consumers, and shareholders) have...
The IMF’s Dirigiste Tax Agenda, Part II

The IMF, the Laffer Curve, and Supply-Side Economics

by Dan Mitchell | Nov 3, 2022 | Blogs, Economics, Taxation

The Laffer Curve is a very straightforward concept. It graphically illustrates why politicians are wrong if they think you can double tax revenue by doubling tax rates (or that revenues will drop by 50 percent if tax rates are cut in half)....
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