by Dan Mitchell | Sep 28, 2025 | Blogs, Economics, Taxation
I often explain that the Laffer Curve does not mean that tax increases result in less revenue. In the vast majority of cases, politicians will get more money if they raise tax rates. What the Laffer Curve explains is that they probably won’t...
by Dan Mitchell | Sep 24, 2025 | Big Government, Blogs, Government Spending, Taxation
My 20th Theorem of Government is based on the very simple – but empirically rigorous – premise that the key fiscal variable is spending growth. If government is restrained, there are inevitably good outcomes. If government grows rapidly,...
by Dan Mitchell | Aug 4, 2025 | Big Government, Blogs, Taxation
What’s America’s worst city? According to some recent research, it’s Oakland. And a few years before, another expert picked Riverside-San Bernardino-Ontario in California. But what if we look at major cities? Possible contestants include San...
by Dan Mitchell | Jul 30, 2025 | Blogs, Economics, Taxation, Trade
From an economic perspective, Trump’s protectionist policies will make the American economy less efficient and lower living standards for American households. If you want to know the macro damage, here are the latest estimates from the Tax...
by Dan Mitchell | Jul 15, 2025 | Blogs, Economics, Taxation
Economists are lousy forecasters, at least when they try to make specific predictions. But good economists at least can speculate about whether proposed policies will make things better or worse. For instance, Ronald Reagan had the good fortune to...
