by Dan Mitchell | Jul 13, 2022 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Last month, I shared a chart from a study published by the European Central Bank. It showed which European nations were in the unfortunate position of facing big future spending increases (the vertical axis) combined with already-high levels...
by Dan Mitchell | Jul 11, 2022 | Big Government, Blogs
It’s not as bad as Cuba, North Korea, or Venezuela, but Argentina (as illustrated by this video) is a case study of how statism can ruin an economy. The most important takeaway from the video is that Argentina used to be one of the world’s richest nations. Even as...
by Dan Mitchell | Jul 10, 2022 | Blogs, Tax Competition, Taxation
I’ve written many times about the importance of low tax rates, specifically low marginal tax rates on productive activity such as work, saving, investment, and entrepreneurship. And I’ve explained that it is especially beneficial to have...
by Dan Mitchell | Jul 9, 2022 | Blogs, Economics
The past two days have featured columns about Estonia, with the first one focusing on the nation’s impressive rebound after decades of communist enslavement and the second one criticizing the Organization for Economic Cooperation and...
by Dan Mitchell | Jul 8, 2022 | Big Government, Blogs
I wrote yesterday about how pro-market policies in Estonia are helping that nation catch up (converge) with other European nations. Indeed, Estonia arguably is the most successful country to emerge from the economic...
