by Dan Mitchell | Apr 6, 2016 | Big Government, Blogs, Economics, Flat Tax, Government Spending, Tax Competition, Taxation
There’s no agreement on the most important variable for state tax competitiveness. You could make a strong case that it is the overall share of income taken by politicians in the state. Or you could argue that the tax system for employers is the key metric. And the...
by Dan Mitchell | Feb 2, 2016 | Blogs, Economics, Free Market
The Index of Economic Freedom, my favorite Heritage Foundation publication, wasreleased today. As one might predict, Hong Kong once again ranks as the jurisdiction with the most liberty to engage in mutually beneficial exchange, followed by Singapore. Other highly...
by Dan Mitchell | Nov 20, 2015 | Blogs, Economics, Taxation
Federalism is great for many reasons. When you have dozens of states with the freedom to choose different policies, you get lots of innovation and diversity, which helps identify policies that work. You also can minimize the cost of mistakes. When a policy error...
by Dan Mitchell | Aug 25, 2015 | Big Government, Blogs, Economics, Regulations
This century has not been good news for economic liberty in the United States. According to Economic Freedom of the World, America has dropped from being the 3rd-freest economy of the world in 2001 to the 12th-freest economy in themost recent rankings. Perhaps more...
by Dan Mitchell | Aug 19, 2015 | Blogs, Economics, Free Market
I’m a huge fan of the Fraser Institute’s Economic Freedom of the World. I always share the annual rankings when they’re released and I routinely cite EFW measures when writing about individual countries. But even a wonky economist like me realizes that there is more...
