by Dan Mitchell | Oct 22, 2024 | Blogs, Taxation
Over the years, I have heaped praise on the Baltic nations, especially Estonia, for having comparatively sound economic policies. The latest piece of evidence is the Tax Foundation’s 2024 edition of the International Tax Competitiveness...
by Dan Mitchell | May 17, 2024 | Blogs, Economics, Free Market, Socialism
From an economic perspective, the world is a laboratory and nations are experiments. Some countries show the wrong approach, while others serve as role models. Today, let’s look at the relative success of Lithuania, a small nation on the...
by Dan Mitchell | May 8, 2019 | Big Government, Blogs, Welfare and Entitlements
I’m a big fan of many of the economic reforms that have been implemented in Estonia, Latvia, and Lithuania. All three of the Baltic nations rank highly according to Economic Freedom of the World. Estonia and Lithuania are tied for #13, and Latvia isn’t far behind at...
by Dan Mitchell | Aug 5, 2017 | Blogs, Economics, Free Market
I’m a fan of the Baltic nations in part because they were among the first to adopt flat tax systems after the collapse of the Soviet empire. But tax reform was just the beginning. Estonia, Latvia, and Lithuania have liberalized across the board as part of their...
by Dan Mitchell | Nov 16, 2016 | Blogs, Economics, Flat Tax, Taxation
I’m a big fan of the Baltic nations of Estonia, Latvia, and Lithuania. These three countries emerged from the collapse of the Soviet Empire and they have taken advantage of their independence to become successful market-driven economies. One key to their relative...