by Dan Mitchell | Feb 1, 2015 | Big Government, Blogs, Government Spending, Tax Competition, Tax Havens, Taxation
If nothing else, our leftist friends deserve credit for chutzpah. All around the world, we see concrete evidence that big government leads to stagnation and decay, yet statists repeatedly argue that further expansions in taxes and spending will be good for growth....
by Brian Garst | Jan 31, 2015 | Opinion and Commentary
This article appeared in Cayman Financial Review on January 30, 2015. Last November Americans went to the polls and voted a new Congress into office. Capitalizing on President Obama’s unpopularity, Republicans dominated the mid-term contest at the federal, state and...
by Dan Mitchell | Jan 20, 2015 | Blogs, Economics, Tax Competition, Taxation
The most compelling graph I’ve ever seen was put together by Andrew Coulson at the Cato Institute. It shows that there’s been a huge increase in the size and cost of the government education bureaucracy in recent decades, but that student performance has been...
by Dan Mitchell | Dec 31, 2014 | Big Government, Blogs, Economics, Government Spending, Health Care, Tax Competition, Taxation
Exactly one year ago, we looked at the best and worst policy developments of 2013. Now it’s time for a look back at 2014 to see what’s worth celebrating and what are reasons for despair. Here’s the good news for 2014. 1. Gridlock – I’ve been arguing for nearly...
by Dan Mitchell | Dec 3, 2014 | Big Government, Blogs, Economics, Free Market, Tax Competition, Tax Harmonization, Taxation
The United States is burdened with some very bad policies that hinder growth and undermine competitiveness. But sometimes you can win a race if your rivals have policies that are even more self-destructive. And that’s a good description of why the U.S. economy is...