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Lessons for the United States (and other Nations) from Estonia: Fight Corruption by Shrinking Government

Lessons for the United States (and other Nations) from Estonia: Fight Corruption by Shrinking Government

by Dan Mitchell | Mar 14, 2016 | Big Government, Blogs

I’m a big fan of Estonia. According to both the Fraser Institute and the Heritage Foundation, it has considerable economic freedom. It has a low-rate flat tax, meaning that investors, entrepreneurs, and small-business owners aren’t punished for contributing more to...
Dodd-Frank: A Wall Street-Supported Law Imposing Heavy Costs, Enabling Future Bailouts

Dodd-Frank: A Wall Street-Supported Law Imposing Heavy Costs, Enabling Future Bailouts

by Dan Mitchell | Mar 13, 2016 | Bailouts, Big Government, Blogs, Economics, Regulations

Politicians specialize in bad policy, but they go overboard during election years. It’s especially galling to hear Bernie Sanders and Hillary Clinton compete to see who can make the most inane comments about the financial sector. This is why I felt compelled last...
Krugman, Higher Education, and the Myth of Spending Restraint

Krugman, Higher Education, and the Myth of Spending Restraint

by Dan Mitchell | Mar 12, 2016 | Blogs, Economics, Education

When I accuse my left-wing friends of deciding policy on the basis of feelings, intentions, and ideology, that’s not because I think those are bad motives. After all, I’m also guided by many of these factors. I have empathy for others, especially the disadvantaged. My...

Hong Kong and the Miracle of Compounding Long-Run Growth

by Dan Mitchell | Mar 11, 2016 | Blogs, Economics, Free Market

Hong Kong is a truly remarkable jurisdiction. Can you name, after all, another government in the world that brags about how little it spends on redistribution programs andhow few people are dependent on government? And how many jurisdictions adopt private Social...

Hillary, Bernie, and the Fixed-Pie Fallacy

by Dan Mitchell | Mar 10, 2016 | Blogs, Economic Growth, Economics

I don’t know whether it’s because I’m dedicated or masochistic, but I woke up at 3:00 AM in Serbia to live-tweet the Democratic presidential debate. In retrospect, staying in bed would have been a better choice. This debate was basically the same as the others, with...
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