by Dan Mitchell | Aug 7, 2021 | Blogs, Taxation
There are divisions of the right between small-government conservatives, reform conservatives, common-good capitalists, nationalist conservatives, and compassionate conservatives. There are also divisions on the left, as illustrated...
by Dan Mitchell | Jul 23, 2021 | Blogs, Economics, Free Market
In my four-part series on inequality (here, here, here, and here), I argue that that it is more important to instead focus on reducing poverty – especially since we know the policies needed to achieve that latter goal. In this discussion, I contemplate...
by Dan Mitchell | Jul 20, 2021 | Blogs, Economics, Socialism
Weird items sometimes show up in my inbox, and this clip from Nikole Hannah-Jones (creator of the academically shoddy 1619 Project) definitely qualifies. She actually cites the economic wasteland of Cuba as a role model for equality. Ms. Hannah-Jones...
by Dan Mitchell | May 21, 2021 | Blogs, Economics
When I was first learning about economics in the 1970s and 1980s, Arthur Okun’s equality-efficiency tradeoff was part of just about any discussion of public policy. Folks on the left acknowledged that their policies would lead to less prosperity, but they...
by Dan Mitchell | Apr 12, 2021 | Blogs, Economics
While debunking OECD and IMF research on inequality, I explained that it’s important to distinguish between income that is earned honestly and loot that is obtained thanks to government cronyism. That’s also the message of this video from the...