by Dan Mitchell | May 20, 2022 | Big Government, Blogs, Government Waste
Government spending, almost by definition, is wasteful. But it’s worth distinguishing between two types of waste. Money that is spent properly but inefficiently.Money that is diverted by crooks and scammers. Today, we’re going to focus on the...
by Dan Mitchell | Feb 28, 2022 | Big Government, Blogs
Spain is more economically backwards than most nations in Western Europe. As a public finance economist, my gut instinct is to blame bad fiscal policy. And there’s certainly plenty of evidence for that view. After all, taxes drive a...
by Dan Mitchell | Nov 29, 2021 | Big Government, Blogs, Regulations
Tax issues such as depreciation, net operating losses, worldwide taxation, and carry forwards probably set the record for inducing boredom, but I suspect most people also have little interest in a workforce issue known as “employment...
by Dan Mitchell | Jun 21, 2021 | Blogs, Economics
Politicians impose higher tax costs on tobacco because they want less smoking. And environmentalists want higher gas prices so there will be less driving. And, as explained in this video, higher minimum wages for low-skilled labor will reduce...
by Dan Mitchell | Jun 7, 2021 | Blogs, Economics
During the Obama years, I shared a cartoon strip that cleverly makes the point that some people will choose not to work if they can get enough goodies from the government. That Wizard-of-Id parody has been viewed more than 56,000 times, which suggests many...
