by Dan Mitchell | Aug 27, 2018 | Blogs, Economics, Supply Side, Taxation
When I write about the economics of fiscal policy and need to give people an easy-to-understand explanation on how government spending affects growth, I share my four-part video series. But. other than a much-too-short primer on growth and taxation from 2016, I don’t...
by Dan Mitchell | Aug 26, 2018 | Blogs, Trade
There’s a debate in Washington about what President Trump really thinks about trade. Is he a crude protectionist or closet free trader? If we focus on actions rather than rhetoric, I fear Trump is in the anti-trade camp. That is certainly the case if we look at how...
by Dan Mitchell | Aug 25, 2018 | Blogs, Economics
Stocks just set a new record for the longest “bull market” in history. If you’re an optimist, this is a reason to celebrate the relatively high level of economic freedom in the United States. If you’re a pessimist, you might appreciate that there’s more economic...
by Dan Mitchell | Aug 24, 2018 | Blogs, Economics, Free Market
Donald Trump wants to make protectionism great again. Bernie Sanders wants to make socialism great again. And if we continue with sarcastic headlines, Elizabeth Warren wants to make cronyism great again. She has a plan, which she explained in a column for the Wall...
by Dan Mitchell | Aug 23, 2018 | Blogs, Economics, Free Market
A key insight of international economics is that there should be “convergence” between rich countries and poor countries, which is just another way of saying that low-income nations – all other things being equal – should grow faster than high-income nations and...