by Dan Mitchell | Sep 1, 2016 | Blogs, Education
I’ve explained many times that an economy’s wealth and output depend on the quantity and quality of labor and capital and how effectively those two factors of production are combined. Let’s look today on the labor portion of that formula. And since I’ve...
by Dan Mitchell | Jul 15, 2015 | Blogs, Education
Our friends who believe in big government have this funny habit of self-exempting themselves from the bad policies that they impose on the rest of the population. Statists are very opposed to so-called tax havens, for instance, because they don’t want there to be any...
by Dan Mitchell | Mar 20, 2015 | Blogs, Education
No other nation in the world spends as much on education as the United States. According to our leftist friends, who prefer to measure inputs rather than outputs, this is a cause for celebration. I guess it shows we have the best intentions. Or maybe we love our kids...
by Dan Mitchell | Dec 4, 2014 | Blogs, Economics
I like to think that I occasionally put together interesting and persuasive charts on fiscal policy. For instance, I think it’s virtually impossible to make a credible argument for tax hikes after looking at my chart showing how easy it is to balance the budget with...
by Dan Mitchell | Nov 21, 2014 | Big Government, Blogs, Education
I don’t like coerced redistribution. When the government uses the threat of force to take from Person A to give to Person B, it simultaneously reduces Person A’s incentives to produce while also luring Person B into dependency. But not all coerced redistribution and...
