by Dan Mitchell | Nov 15, 2020 | Blogs, Economics
I’m a big fan of New Zealand because the nation is a great example of how sweeping free-market reforms lead to very good results. The Kiwis got rid of all agriculture subsidies and farmers benefited. The Kiwis put the clamps on government spending, both in the 1990s...
by Dan Mitchell | Nov 14, 2020 | Big Government, Blogs, Economics
China is a success if you consider how economic freedom increased after Mao’s death and hundreds of millions of people were lifted out of unimaginable poverty. But I explain in this interview that China is also a failure because the reforms were too limited and the...
by Dan Mitchell | Nov 13, 2020 | Blogs, Economics, Taxation
During the campaign, Joe Biden proposed a massive tax increase, far beyond what either Barack Obama or Hillary Clinton put forth when they ran for the White House. Some people speculate that Biden isn’t actually that radical, and that his class-warfare agenda was...
by Dan Mitchell | Nov 12, 2020 | Big Government, Blogs, Welfare and Entitlements
I’m a voracious consumer of publications that rank economic liberty and national competitiveness. Simply stated, these apples-to-apples rankings tell us which countries have policies that are friendly to growth (and thus the places that will enjoy rising living...
by Dan Mitchell | Nov 11, 2020 | Blogs, Economics, States
For years, public finance experts have been warning about fiscally irresponsibility by state and local governments. Many of those governments have been spending too much money and making overly expensive promises to interest groups such as government...