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Tag Archives: free markets

Hong Kong’s Remarkable Fiscal Policy

Hong Kong’s Remarkable Fiscal Policy

I’ve had ample reason to praise Hong Kong’s economic policy. Most recently, it was ranked (once again) as the world’s freest economy. And I’ve shown that this makes a difference by… Read more »

The United States Improves to #12 in New Rankings of Global Economic Freedom

The United States Improves to #12 in New Rankings of Global Economic Freedom

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… Read more »

Myths about Capitalism

Myths about Capitalism

In addition to his side job as Director of Undergraduate Studies for the Economics Department at Harvard University, Jeff Miron is Director of Economic Studies at the Cato Institute. He’s also the… Read more »

A Two-Question Challenge for Supporters of Intervention and Big Government

A Two-Question Challenge for Supporters of Intervention and Big Government

I want to challenge supporters of intervention and big government. Here are two simple questions. I’ll be happy if I can get a semi-reasonable answer to either of them. 1…. Read more »

The Simple Lesson We Should Learn from Global Economics

The Simple Lesson We Should Learn from Global Economics

I very rarely feel sorry for statists. After all, these are the people who think that their feelings of envy and inadequacy justify bigger and more coercive government. And I… Read more »

We Get Bad Analysis when Statists Write Economic History

We Get Bad Analysis when Statists Write Economic History

When major changes occur, especially if they’re bad, people generally will try to understand what happened so they can avoid similar bad events in the future. This is why, when… Read more »

The Economic Future of China and Hong Kong

The Economic Future of China and Hong Kong

I’m currently in Asia, where I just finished a series of speeches about economic policy in China and Hong Kong. These two jurisdictions offer very powerful lessons about the importance… Read more »

The Left Was Wrong about Unemployment Insurance

The Left Was Wrong about Unemployment Insurance

Over the past several years, I’ve repeatedly argued that you get more unemployment when the government pays people to be unemployed. But I’m not just relying on theory. I’ve cited both anecdotes and empirical research to… Read more »

The Amazing Hockey Stick of Economic Progress

The Amazing Hockey Stick of Economic Progress

Back in 2010, I shared a remarkable chart showing how quickly economic output doubles in a fast-growth economy, but it also showed how long it takes for GDP to expand if an… Read more »

The Miracle of Modern-Day Prosperity…and the Ideas and Policies that Made it Happen

The Miracle of Modern-Day Prosperity…and the Ideas and Policies that Made it Happen

Why are some nations rich and other nations poor? What has enabled some nations to escape poverty while others continue to languish? And if we want to help poor nations… Read more »