by Dan Mitchell | Jul 17, 2021 | Big Government, Blogs, Taxation, Trade
I’ve been warning, over and over and over again, that a European-style welfare state means huge tax increases on ordinary people. Simply stated, there are not enough rich people to finance big government...
by Dan Mitchell | Jul 13, 2021 | Blogs, Taxation, Trade
Over the past four years, Donald Trump presumably was the biggest threat to global trade. His ignorant protectionism hurt American consumers and businesses – and undermined the competitiveness of the U.S. economy. Over the next four...
by Dan Mitchell | Jun 5, 2021 | Blogs, Economics, Trade
Biden campaigned for higher taxes and a bigger welfare state, so I haven’t been surprised by his misguided fiscal agenda. That being said, I was modestly hopeful that he would move trade policy in the right direction after four years...
by Dan Mitchell | May 21, 2021 | Blogs, Economics
When I was first learning about economics in the 1970s and 1980s, Arthur Okun’s equality-efficiency tradeoff was part of just about any discussion of public policy. Folks on the left acknowledged that their policies would lead to less prosperity, but they...
by Dan Mitchell | May 6, 2021 | Blogs, Trade
Like President Reagan, I believe in free trade rather than protectionism. So you won’t be surprised that I agree with the message in this video: To elaborate, one of the big lessons of the Trump era is that he undermined his good policies – such...
