by Dan Mitchell | Feb 22, 2015 | Big Government, Blogs, Economics, Government Spending
As a fiscal policy economist who believes in individual liberty and personal responsibility, I have two goals. 1. Replace the corrupt and punitive internal revenue code with a simple and fair flat tax that raises necessary revenue in the least-destructive and...
by Andrew F. Quinlan | Oct 24, 2014 | Opinion and Commentary
This article appeared in the Washington Times on October 23, 2014. Public confidence in government is at or near all-time lows. According to Gallup, a mere 28 percent of the nation has a “great deal” or “fair amount” of trust in the legislative branch, while the...
by Dan Mitchell | Oct 1, 2014 | Big Government, Blogs, Economics, Government Spending, Laffer Curve
What’s the relationship between the Rahn Curve and the Laffer Curve? For the uninitiated, the Rahn Curve is the common-sense notion that some government is helpful for prosperous markets but too much government is harmful to economic performance. Even libertarians,...
by Dan Mitchell | Jul 8, 2014 | Big Government, Blogs, Economics, Government Spending
I’ve shared lots of data and evidence about the harmful economic impact of government spending. Simply stated, budgetary outlays divert resources from more productive uses.And this results in labor and capital being misallocated, leading to less economic output....
by Dan Mitchell | Jun 9, 2014 | Big Government, Blogs, Economics, Government Spending, Laffer Curve
There’s an old saying that there’s no such thing as bad publicity. That may be true if you’re in Hollywood and visibility is a key to long-run earnings. But in the world of public policy, you don’t want to be a punching bag. And that describes my role in a book...