by Dan Mitchell | Jul 28, 2018 | Big Government, Blogs, Government Spending, Taxation
Shortly after the fiscal crisis began in Greece, I explained that the country got in trouble because of too much government spending. More specifically, I pointed out that the country was violating my Golden Rule, which meant that the burden of spending was rising...
by Dan Mitchell | Jul 27, 2018 | Blogs, Tax Competition, Taxation
I generally don’t chortle with joy when I read the Washington Post. This is the newspaper, after all, that often slants the news in ways that irk me. Deceptive reporting about Medicaid. Deceptive reporting about the budget. Deceptive reporting about Obamacare....
by Dan Mitchell | Jul 26, 2018 | Blogs, Economics, Taxation
I’ve been in China this week, giving lectures about economic policy at Northeastern University in Shenyang. I’ve explained that China has enjoyed reasonably impressive growth in recent decades thanks to pro-market reforms. But I’ve also pointed out that further...
by Dan Mitchell | Jul 25, 2018 | Blogs, Trade
President Trump is a protectionist. He doesn’t understand the principle of “comparative advantage.” And he’s wrong about the implications of a “trade deficit.” But that doesn’t mean everything he says about trade is wrong. He frequently accuses other nations of...
by Dan Mitchell | Jul 24, 2018 | Blogs, Economics
I’m in China this week, giving various lectures at Northeastern University in Shenyang. My topic today was “Real-World Examples,” which gave me an opportunity to share many of the charts I’ve developed showing how market-oriented nations enjoy much more long-run...
