by Dan Mitchell | Jul 28, 2019 | Blogs, Europe
Back in 2016, I wrote “The Economic Case for Brexit.” My argument was based on the fact the European Union was a slowly sinking ship, both because of grim demographics and bad public policy. Getting in a lifeboat can be unnerving, but Brexit was – and still is –...
by Dan Mitchell | Jul 27, 2019 | Blogs, Trade
As I explained last year, Trump is right and wrong about China and trade. He’s correct that China doesn’t play fair, but he mistakenly fixates on the trade deficit rather than going after China’s subsidies and cronyism. And, as I note in this brief interview from...
by Dan Mitchell | Jul 26, 2019 | Blogs, Economics, Socialism
Cuba has a very sad history. It traded a regular dictatorship for a communist dictatorship six decades ago, and the results have been predictably awful. Oppression, persecution, rationing, spying, deprivation, and suffering are facts of life in that socialist...
by Dan Mitchell | Jul 25, 2019 | Blogs, Economics, Free Market
I’ve applauded China’s economic progress. It’s economic liberty score jumped from 3.64 in 1980 to 6.46 in the most recent edition of Economic Freedom of the World. That shift toward markets (which started in a village) helped to dramatically reduce poverty and turn...
by Dan Mitchell | Jul 24, 2019 | Blogs, Economics, Minimum Wage
Two months ago, I pointed out that San Francisco’s housing crisis was a “learnable moment” because some folks on the left actually now understand the negative consequences of government intervention. Now I’m wondering if we might actually have a learnable moment on...
