by Dan Mitchell | Mar 25, 2025 | Big Government, Blogs, Economics, Government Spending, Taxation
Last decade, three things made me optimistic about the United Kingdom. A lengthy period of spending restraint from 2010-2019. Voters chose in 2016 to escape the European Union. Boris Johnson was elected to deliver Brexit in 2019. Sadly, I was hopelessly naive. I...
by Dan Mitchell | Jan 18, 2025 | Blogs, Taxation
What’s the most self-destructive policy being pursued by a government today? My answer is probably biased because I focus on fiscal policy, but I’m tempted to say Norway’s increased wealth tax. Or, that’s how I probably would have answered the question six months...
by Dan Mitchell | Oct 6, 2024 | Blogs, Taxation
Part I of my three-part video series on the Laffer Curve is a good introduction to today’s column. It’s a common-sense primer on why there is not a linear relationship between tax rates and tax revenue. This is not a controversial view. Even Paul Krugman...
by Dan Mitchell | Aug 19, 2024 | Big Government, Blogs, Economics, Government Spending
It’s been a while since I shared this video about the Rahn Curve (or Armey-Rahn Curve), so let’s watch this Golden Oldie from 2010. The insight of the Rahn Curve (sort of a spending version of the Laffer Curve) is that economic performance declines once government...
by Dan Mitchell | Aug 13, 2024 | Blogs, Crime, Society
I’m lucky to be an American, where there is a 1st Amendment that protects free speech. And, unlike some other parts of the Constitution, the courts have done a decent job of protecting that right. The people of the United Kingdom are not so fortunate, as...
