by Dan Mitchell | Dec 23, 2020 | Blogs, Economics
Ethical people, regardless of ideology, should be motivated by an empathetic desire to help the poor rather than a spiteful thirst to punish the rich. That was the message in Part I and Part II of this series. That’s also today’s message, and we’ll start with this...
by Dan Mitchell | Dec 22, 2020 | Blogs, Economics
I began yesterday’s column with a short clip of me explaining why we should focus on reducing poverty, not reducing inequality. Here’s a more thorough discussion of the same topic. The video makes three central points, all of which are very sound. The economy is not a...
by Dan Mitchell | Dec 21, 2020 | Blogs, Economics
I have a couple of cameos in a new left-leaning documentary film, Race to the Bottom. I shared a clip two day ago with my views on corporate tax and the Laffer Curve. Today, here’s what I said about the left’s mistaken views on inequality. The fundamental problem is...
by Dan Mitchell | Sep 16, 2020 | Blogs, Economics, Keynesian
Regular readers know that I give Trump mixed grades on economic policy. He gets good marks on issues such as taxes and regulation, but bad marks in other areas, most notably spending and trade. Which is why I’ve sometimes asserted that there has been only a small...
by Dan Mitchell | Sep 15, 2020 | Blogs, Economics, Socialism
Back in 2017, I shared this video explaining why capitalism is unquestionably the best way to help poor people. I’m recycling the video today because it’s a great introduction for a discussion about how best to help poor people. As part of my Eighth Theorem of...
