by Dan Mitchell | Mar 2, 2026 | Blogs, Economics, Taxation
One of the key insights of good tax policy is that people respond to incentives. If tax rates are punitive, people will do what they can to protect themselves from predatory government. Especially if they have any ability to control the timing,...
by Dan Mitchell | Jun 18, 2025 | Blogs, Economics
I wrote about Iran’s awful economic policy three years ago, but let’s revisit the issue now that it is back in the news. But instead of citing Economic Freedom of the World to show Iran’s bad policy, let’s look this time at a visual from...
by Dan Mitchell | May 2, 2024 | Big Government, Blogs, Economics
Just a few months ago, I wrote about Germany’s fiscal decay. Over the past eight years, government spending has grown much faster than the private sector, thus violating the Golden Rule of fiscal policy. Given the shift to bad policy in Germany, I...
by Dan Mitchell | Jul 11, 2023 | Blogs, Crime, Society
I disapprove of marijuana, cocaine, and other drugs. But I have libertarian views on legalization because people should have the right to do potentially stupid things to their own bodies. And I hold to that view even though I fear...
by Dan Mitchell | Apr 4, 2023 | Big Government, Blogs, Europe
Why did many European nations, most notably Greece, suffer fiscal crises about a dozen years ago? Because the burden of government spending, which already was excessive, increased even further. And with taxes already very onerous in...