by Dan Mitchell | Mar 13, 2021 | Blogs, Economics
Two years ago, I shared a study from three scholars that investigated whether membership in the European Union (EU) is associated with better economic performance. Before reading that study, I assumed that EU membership was bad news for rich countries with...
by Dan Mitchell | Mar 12, 2021 | Blogs, Education
Government schools in America are a national disgrace. Every year, we throw more money into the system and every year we get back mediocre results. The numbers are especially depressing when you compare how other nations get better...
by Dan Mitchell | Mar 11, 2021 | Blogs, Economics
Exactly one month ago, I declared that Congresswoman Ayanna Pressley deserved an award for the “world’s most economically illiterate statement” because of her claim that “poverty is not naturally occurring.” In reality, poverty has been the norm throughout...
by Dan Mitchell | Mar 10, 2021 | Big Government, Blogs, Welfare and Entitlements
Two days ago, I shared data showing that people in the big nations of Western Europe only have about 75 cents of income for every $1 that Americans earn. That’s a remarkable gap, and it’s getting larger rather than smaller, even though theory...
by Dan Mitchell | Mar 9, 2021 | Big Government, Blogs, Economics, Government Spending, Keynesian
We have decades of real-world experience with Keynesian economics. The results are not pretty. It didn’t work for Hoover.It didn’t work for Roosevelt.It didn’t work for Japan.It didn’t work for Europe.It didn’t...
