La Imprudente Trayectoria Fiscal de Brasil

by Dan Mitchell | Apr 4, 2025 | Brasil, Latin American Liberty Project

Estoy en Brasil para dar una conferencia en el Fórum da Liberdade, donde hablaré sobre «El futuro del orden mundial» y explicaré la diferencia entre la globalización buena y el globalismo malo. Dado el tema que domina las noticias, obviamente condenaré la política...

Brazil’s Reckless Fiscal Trajectory

by Dan Mitchell | Apr 4, 2025 | Big Government, Blogs, Government Spending

I’m in Brazil for a speech to the Fórum da Liberdade, where I’ll be speaking on “The Future of the Global Order” and explaining the difference between good globalization and bad globalism. Given the topic dominating the news, I’ll obviously be...

Six Visuals to Understand Trump’s Suicidal Tax Increase on Trade

by Dan Mitchell | Apr 3, 2025 | Blogs, Trade

Based entirely on his profound illiteracy about trade balances (explained Tuesday and Wednesday), President Trump has unilaterally imposed one of the largest tax increases in American history. Rather than engage in lengthy analysis, all of which would...

Trade Deficit Illiteracy, Part II

by Dan Mitchell | Apr 2, 2025 | Blogs, Trade

I shared data yesterday showing how and why trade deficits don’t matter. Moreover, I shared data showing that countries with higher taxes on imports usually have higher trade deficits. Unfortunately, Trump and his team don’t understand trade. Instead,...

Trade Deficit Illiteracy, Part I

by Dan Mitchell | Apr 1, 2025 | Blogs, Trade

I’ve repeatedly shared a chart showing that a trade deficit is merely the flip side of an investment surplus. But that chart had data through 2017, so let’s look at a new version of the chart, courtesy of the Tax Foundation....