by Dan Mitchell | Apr 12, 2018 | Blogs, Economics, Free Market
I periodically share data comparing the United States and Europe, usually because I want to convince people that America’s medium-sized welfare state is better (less worse) than Europe’s bloated welfare states. In other words, Bernie Sanders is wrong. But I sometimes...
by Dan Mitchell | Apr 11, 2018 | Big Government, Blogs, Economics, Government Spending
I’m in Brussels, where I’m participating in an “Economic Freedom Summit” on the unfriendly turf of the European Parliament. My role was to chair a panel earlier today about whether Venezuela can recover from socialism. I obviously have an opinion on that topic, but I...
by Dan Mitchell | Apr 11, 2018 | CF&P Foundation Prosperitas Studies, Publications
[PDF Version] April 2018, Vol. XII, Issue I The European Bank for Reconstruction and Development: Cronyism and Corruption Instead of Growth The European Bank for Reconstruction and Development was created in 1990 to help former Soviet-Bloc nations make the transition...
by Dan Mitchell | Apr 10, 2018 | Big Government, Blogs, Government Spending
The Congressional Budget Office just released its annual Economic and Budget Outlook, and almost everyone in Washington is agitated (or pretending to be agitated) about annual deficits exceeding $1 trillion starting in the 2020 fiscal year. All that red ink isn’t good...
by Dan Mitchell | Apr 9, 2018 | Big Government, Blogs, Government Spending, Taxation
Five former Democratic appointees to the Council of Economic Advisers have a column in today’s Washington Post asserting that we should not blame entitlements for America’s future fiscal problems. The good news is that they at least recognize that there’s a future...