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 16, 2024 | Blogs
My writings about Belgium have been very sporadic. When I do comments about that country’s policies, it’s usually to complain about the excessive burden of government spending (as captured by this OECD chart). Today’s column will be...
by Dan Mitchell | May 15, 2024 | Blogs, Trade
Today’s column is about international trade, but I’m not going to regurgitate my usual arguments about the benefits of free trade or get wonky about creative destruction. Instead, I’m going to make a point about the glib, hypocritical,...
by Dan Mitchell | May 14, 2024 | Blogs, Economics, Free Market
Whenever I’m part of a debate about the merits of free markets, I ask my leftist opponent to respond to my never-answered question. Cite an example, I beg them, of big government producing prosperity. Inevitably, that person either dodges the question or...
by Dan Mitchell | May 13, 2024 | Big Government, Blogs, Welfare and Entitlements
When the Social Security Administration released its annual Trustees’ Report last week, I crunched the numbers to show that the fiscal burden of the program is projected to dramatically increase. Payroll taxes are going to climb rapidly, but spending will...
