by Dan Mitchell | Aug 22, 2017 | Blogs, Economics
What’s the worst government statistic, based on whether it distracts from sound thinking and encourages bad policy? Well, I definitely think gross domestic income is a better measure than gross domestic product if we want insights on growth, so I’m not a big fan of...
by Dan Mitchell | Aug 21, 2017 | Blogs
Trump has been President for more than 200 days and those of us who want more economic liberty don’t have many reasons to be happy. Obamacare hasn’t been repealed, the tax code hasn’t been reformed, and wasteful spending hasn’t been cut. The only glimmer of hope is...
by Dan Mitchell | Aug 20, 2017 | Blogs, Free Market
Since my job is to proselytize on behalf of economic liberty, I’m always trying to figure out what motivates people. To be blunt, I’ll hopefully be more effective if I understand how they decide what policies to support. That’s a challenge when dealing with my friends...
by Dan Mitchell | Aug 19, 2017 | Blogs, Economics, Free Market
Here’s a simple and fundamental question: What is economic growth? And here’s a simple answer: It’s when there’s more national income. That seems like a trivial tautology, but let’s explore some implications. When you dig into the numbers, it turns out that increases...
by Dan Mitchell | Aug 18, 2017 | Big Government, Blogs
I’ve called for the abolition of the Department of Transportation on more than one occasion, so I was very excited to see this new video about infrastructure from Johan Norberg. Very well put. As Johan says (channeling Bastiat), we should remember that jobs are...
