by Dan Mitchell | Jul 27, 2025 | Big Government, Blogs, Government Spending
The main goal of fiscal policy should be to shrink the burden of government spending, not to balance the budget or lower debt. However, those two goals are not in conflict if policy makers pursue good policy. The evidence is overwhelming that...
by Dan Mitchell | Jul 27, 2025 | Argentina, Latin American Liberty Project
El objetivo principal de la política fiscal debería ser reducir la carga del gasto público, no equilibrar el presupuesto ni reducir la deuda. Sin embargo, esos dos objetivos no son incompatibles si los responsables políticos aplican buenas políticas. Hay pruebas...
by Dan Mitchell | Jul 26, 2025 | Big Government, Blogs
I’ve already shared four contestants for the counter-tweet of the year. Slapping down a leftist who wanted people to think freebies are the route to political success. Slapping down a leftist who wanted people to think capitalism is correlated with poverty. Slapping...
by Dan Mitchell | Jul 25, 2025 | Big Government, Blogs, Welfare and Entitlements
Hong Kong used to be a role model for good economic policy, but China’s crackdown has had a negative effect, so Singapore is now considered the jurisdiction with the most economic freedom. But I also like to cite Taiwan, which is a top-20...
by Dan Mitchell | Jul 24, 2025 | Blogs, Trade
From an economic perspective, the most important part of this video is at 2:22, when I explain that everyone is better off in the long run when there are job losses caused by creative destruction. Today, I want to share some real-world data to confirm that assertion....