by Dan Mitchell | Sep 27, 2021 | Blogs, Taxation
Biden wants lots of class-warfare tax increases to fund a big increase in the welfare state. That would be bad news for the economy, but his acolytes claim that voters favor the president’s approach. Maybe that’s true in the United...
by Dan Mitchell | Sep 26, 2021 | Big Government, Blogs, Welfare and Entitlements
A very persuasive argument against Biden’s fiscal agenda is that it makes no sense to copy the fiscal policies of European welfare states. Indeed, I routinely share this column from January, which looks at three different measures of comparative...
by Dan Mitchell | Sep 24, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation
More than 12 years ago, I shared this video containing lots of data and research on the negative relationship between government spending and economic performance. Since then, I’ve share numerous additional studies showing that bigger government dampens...
by Dan Mitchell | Sep 23, 2021 | Big Government, Blogs
Two years ago, I wrote that China needed to choose between “Statism and Stagnation or Reform and Prosperity.” Sadly, as I noted last month in Part I of this series, it seems that President Xi is opting for the former. Which is unfortunate since...
by Dan Mitchell | Sep 22, 2021 | Blogs, Economics, Free Market
Writing last week about the new edition of Economic Freedom of the World, I largely focused on the jurisdictions that got high scores (Hong Kong, Singapore, and New Zealand) and countries that got low scores (Venezuela in last place, of...