by Dan Mitchell | Feb 28, 2022 | Big Government, Blogs
Spain is more economically backwards than most nations in Western Europe. As a public finance economist, my gut instinct is to blame bad fiscal policy. And there’s certainly plenty of evidence for that view. After all, taxes drive a...
by Dan Mitchell | Jan 10, 2022 | Big Government, Blogs, Economics, Government Spending, Keynesian
At the risk of understatement, economists are not good forecasters. And they are especially incompetent when they make forecasts based on bad policy, such as when the Obama White House projected that his so-called stimulus would quickly...
by Dan Mitchell | Nov 29, 2021 | Big Government, Blogs, Regulations
Tax issues such as depreciation, net operating losses, worldwide taxation, and carry forwards probably set the record for inducing boredom, but I suspect most people also have little interest in a workforce issue known as “employment...
by Dan Mitchell | Sep 20, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements
Ten days ago, I shared some data and evidence illustrating how redistribution programs result in high implicit tax rates and thus discourage low-income people from climbing the economic ladder. Simply stated, why work harder or work more when an additional...
by Dan Mitchell | Sep 6, 2021 | Big Government, Blogs, Economics, Regulations
In my fantasy country of Libertaria, there is no Department of Labor, no regulation of employment contracts between consenting adults, and no favoritism for either labor or management. In the real world, the relevant question is...
