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...
by Dan Mitchell | Jul 23, 2024 | Blogs, Tax Competition, Taxation
I wrote a couple of days ago about the possibility of confiscatory taxes in France and whether that would lead to an exodus of upper-income taxpayer. Since that’s happened before, it’s very realistic to think it will happen again. Now let’s...
by Dan Mitchell | Jul 8, 2024 | Big Government, Blogs, Taxation
At the end of last week, I wrote about the Conservative Party’s crushing defeat in the United Kingdom. In that column, I cited the Wall Street Journal, which groused that the Tories didn’t deliver better economic policy. Indeed,...
by Dan Mitchell | Jul 5, 2024 | Big Government, Blogs
I want Reaganism/Thatcherism mostly because I support good policy, but I also think small-government conservatism is good politics (my 4th Theorem). Especially compared to big-government conservatism, which suffered a landslide loss yesterday...