by Dan Mitchell | May 9, 2015 | Blogs, Economics, Tax Competition, Taxation
I wrote just yesterday about new evidence showing that decentralized government is more efficient. Part of the reason is because local governments are easier for voters to monitor and more likely to reflect the actual preferences of residents. Another reason is tax...
by Dan Mitchell | May 5, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
Okay, I’ll admit right away that the title of this column is an exaggeration. But if you’re a public policy wonk and you worry about the rising level of government dependency and the erosion of self reliance, then you’ll understand why the chart below, which was...
by Dan Mitchell | May 1, 2015 | Big Government, Blogs, Government Spending, Taxation
For the people of China, there’s good news and bad news. The good news, as illustrated by the chart, is that economic freedom has increased dramatically since 1980. This liberalization has lifted hundreds of millions from abject poverty. The bad news is that China...
by Dan Mitchell | Apr 27, 2015 | Big Government, Blogs, Economics, Welfare and Entitlements
A nation’s prosperity is determined by the quantity and quality of labor and capital that are productively utilized. Which means that it doesn’t make sense to have policies that penalize either saving and investment or working. Yet that seems to be the favorite hobby...
by Dan Mitchell | Apr 22, 2015 | Blogs, Economics
I don’t understand the left’s myopic fixation on income inequality. If they genuinely care about the less fortunate, they should be focused on policies that produce higher incomes. But instead, they agitate for class warfare and redistribution, which leads me to...
