by Dan Mitchell | Apr 25, 2020 | Blogs
At the risk of understatement, I’m not a fan of the International Monetary Fund (IMF). The international bureaucracy is the “Johnny Appleseed” of moral hazard, using bailouts to reward profligate governments and imprudent lenders. The IMF also is infamous for...
by Dan Mitchell | Nov 29, 2019 | Blogs
It seems that the International Monetary Fund and the Organization for Economic Cooperation and Development have an ongoing contest to see which bureaucracy can be the biggest cheerleader for bad fiscal policy. They compete (OECD vs IMF) to promote more spending. They...
by Dan Mitchell | Oct 12, 2019 | Blogs, Energy, Taxation
I’m not a big fan of the International Monetary Fund for the simple reason that the international bureaucracy undermines global prosperity by pushing for higher taxes, while also exacerbating moral hazard by providing bailouts to rich investors who foolishly lend...
by Dan Mitchell | Sep 22, 2019 | Big Government, Blogs, Economics, Government Spending, Taxation
The International Monetary Fund is infamous for its advocacy of higher taxes. Heck, it’s not merely advocacy. The international bureaucracy uses bailout money as a tool to coerce politicians into approving higher tax burdens. This is so reprehensible that I’ve...
by Dan Mitchell | Sep 10, 2019 | Blogs, Economics, Taxation
A few years ago, I put together a basic primer on corporate taxation. Everything I wrote is still relevant, but I didn’t include much discussion about international topics. In part, that’s because those issues are even more wonky and more boring than domestic issues...
