by Dan Mitchell | Apr 20, 2012 | Blogs, Economics
Last year, I did a popular post on what happens if you redistribute grades in a classroom. Someone has turned this idea into a video, starring some well-known political figures. And if you want to see a real-world example of how students react to this idea, here’s...
by Dan Mitchell | Feb 2, 2012 | Blogs, Economic Growth, Economics
On this day last year, I posted two charts that I developed using the Minneapolis Federal Reserve Bank’s interactive website. Those two charts showed that the current recovery was very weak compared to the boom of the early 1980s. But perhaps that was an unfair...
by Dan Mitchell | Nov 14, 2011 | Blogs, Economics, Flat Tax, Laffer Curve, Taxation
Alan Blinder has a distinguished resume. He’s a professor at Princeton and he served as Vice Chairman of the Federal Reserve. So I was interested to see he authored an attack on the flat tax – and I was happy after I read his column. Why? Well, because his arguments...
by Dan Mitchell | Nov 6, 2011 | Blogs, Economics, Laffer Curve, Taxation
One of my frustrating missions in life is to educate policy makers on the Laffer Curve. This means teaching folks on the left that tax policy affects incentives to earn and report taxable income. As such, I try to explain, this means it is wrong to assume a simplistic...
by Dan Mitchell | Apr 29, 2011 | Blogs, Economics
Both President Reagan and President Obama had to deal with serious economic dislocation upon taking office. But they used radically different approaches to deal with the problems they inherited. Reagan sought to reduce the burden of government, whereas Obama viewed...
