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...
by Dan Mitchell | Mar 9, 2016 | Big Government, Blogs, Economics, Europe
I wrote yesterday that many European nations are doomed to demographics and fiscal chaos, but a lot of people don’t care that much about the future. Bernie Sanders, for instance, looks at nations such as Denmark and Sweden today and says that America should copy their...
by Dan Mitchell | Mar 8, 2016 | Big Government, Blogs, Economics, Europe, Government Spending, Welfare and Entitlements
The most depressing data about America’s economy is not the top tax rate, the regulatory burden, or the level of wasteful of government spending. Those numbers certainly are grim, but I think they’re not nearly as depressing as America’s demographic outlook. As you...
by Dan Mitchell | Mar 7, 2016 | Blogs, Economics, Minimum Wage
Every so often, I see visuals that do a great job of illustrating various economic principles. This Wizard-of-Id parody contains a lot of insight about labor economics. As does this Chuck Asay cartoon and this Robert Gorrell cartoon. If you want to understand...
by Dan Mitchell | Mar 6, 2016 | Big Government, Blogs
Of the 4,000-plus columns I’ve produced blogging since 2009, two of the most popular posts involve semi-amusing stories that highlight the failure of socialism, redistributionism, and collectivism. “The Tax System Explained in Beer” is the third-most-viewed post of...
