by Dan Mitchell | Dec 30, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian
I’m tempted to feel a certain degree of sympathy for Paul Krugman. As a leading proponent of the notion that bigger government stimulates growth (a.k.a., Keynesian economics), he’s in the rather difficult position of rationalizing why the economy was stagnant when...
by Dan Mitchell | Dec 3, 2014 | Big Government, Blogs, Economics, Free Market, Tax Competition, Tax Harmonization, Taxation
The United States is burdened with some very bad policies that hinder growth and undermine competitiveness. But sometimes you can win a race if your rivals have policies that are even more self-destructive. And that’s a good description of why the U.S. economy is...
by Dan Mitchell | Oct 22, 2014 | Big Government, Blogs, Education
It’s time for an updated version of the U.S. vs U.K. government stupidity contest. This ongoing series has featured amazing feats of inane government, including the world’s most pointless road markings, photo-ID requirements for drain cleaner purchases, and a...
by Dan Mitchell | Oct 10, 2014 | Blogs, Economics, Free Market
Divided government is good for America’s economy. Or, to be more specific, divided government is a net plus if the alternative is to have statists fully in charge of economic policy. I made this point back in 2012 when I pointed out that the unemployment rate started...
by Dan Mitchell | Apr 13, 2014 | Blogs, Tax Competition, Tax Havens, Taxation
To put it mildly, I’m not a fan of the so-called Tax Justice Network. In a moment of typical understatement, I referred to the U.K.-based group as “…a bunch of crazy Euro-socialists.” And to give you an idea of why I don’t like them, here’s some of what I wrote about...