by Dan Mitchell | May 21, 2026 | Blogs, Economics
Earlier this month, in Part V of my series on the U.S. vs. Europe, I shared a chart showing the OECD calculations of “Actual Individual Consumption.” The AIC numbers are designed to give people an apples-to-apples comparison of living standards. I’m re-sharing the...
by Dan Mitchell | May 6, 2026 | Blogs, Economics
France is not a socialist country, at least based on the technical definition. Business largely are not owned and run by the government. Prices generally are determined by competition rather than by bureaucrats. And private investment mostly guides the economy...
by Dan Mitchell | Jan 28, 2026 | Blogs, Economics, Taxation, Welfare and Entitlements
Every year or so, I share data showing that a European-sized welfare state requires massive tax increases on lower-income and middle-class household. Let’s add another to the list. Here’s a chart comparing tax burdens on middle-class Americans and middle-class people...
by Dan Mitchell | Jan 23, 2026 | Blogs, Economics, Taxation
Given my libertarian sensibilities, I think people who earn money deserve to keep as much of their income as possible. At least 90 percent. Given my economic training, I think people who earn money should get to keep as much of their income as possible because I...
by Dan Mitchell | Nov 17, 2025 | Blogs, Europe
I supported Brexit for two reasons. The European Union is a sinking ship and a vote for Brexit spares British taxpayers from being on the hook when massive bailouts occur. Leaving the European Union would give the United Kingdom more leeway to choose a...
