Wall Street Journal Condemns OECD Proposal to Increase Business Fiscal Burdens with Global Tax Cartel

by Dan Mitchell | Jul 23, 2013 | Blogs, Economics, Tax Competition, Taxation

What’s the biggest fiscal problem facing the developed world? To an objective observer, the answer is a rising burden of government spending, caused by poorly designed entitlement programs, growing levels of dependency, and unfavorable demographics. The combination of...

Other than Obama and Krugman, Is there Anybody Who Still Thinks Bigger Government Is Good for Growth?

by Dan Mitchell | Jun 16, 2013 | Big Government, Blogs, Bureaucracy, Economics, Government Spending

I’ve repeatedly explained that Keynesian economics doesn’t work because any money the government spends must first be diverted from the productive sector of the economy, which means either higher taxes or more red ink. So unless one actually thinks that politicians...

The IMF Is the Doctor Kevorkian of Global Economic Policy

by Dan Mitchell | May 23, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian

I don’t like giving international bureaucrats tax-free salaries. And it really galls me when they use their privileged positions to promote statism. So you can understand why I’m not a big fan of the International Monetary Fund. Whether we’re talking more spending,...

Does Your Family Have an Extra $5,500 to Pay the Higher Energy Taxes Proposed by the Bureaucrats at the IMF (Who Get Tax-Free Salaries)?

by Dan Mitchell | Mar 29, 2013 | Blogs, Taxation

If asked to name my least-favorite international bureaucracy, the easy answer would be the Organization for Economic Cooperation and Development. After all, it was only a few days ago that I outlined different ways that the Paris-based bureaucracy is seeking to expand...

Let’s Enjoy a Victory – even if Temporary – in the Fight against More Bloat at the International Monetary Fund

by Dan Mitchell | Mar 26, 2013 | Blogs, Economics

I remember reading someplace that cockroaches were the only animals that would survive a nuclear war. I have no idea if that’s true, but it appears that international bureaucracies have similar survival skills. But I’m digressing. Here’s the situation. The IMF has...