by Dan Mitchell | Jan 29, 2025 | Blogs, Free Market
I wrote a few weeks ago about how 108 leftist economists, including Thomas Piketty and Gabriel Zucman, were wildly wrong when they warned in 2023 that Javier Milei’s agenda would be “very harmful for the Argentine economy.” This new...
by Dan Mitchell | Jan 27, 2025 | Big Government, Blogs, Government Spending
Since it was unveiled last September, I’ve cited three examples of my 20th Theorem of Government. Colombia France Brazil You’ll notice, however, that the Theorem is not limited to countries. That’s because local and regional politicians are just as capable of...
by Dan Mitchell | Jan 26, 2025 | Big Government, Blogs, Government Spending
I’m a big fan of Ireland’s low corporate tax rate for three reasons. First, it shows that good tax policy generates positive economic outcomes as per-capita GDP in Ireland has grown by record amounts. Second, it shows that lower tax rates can in some...
by Dan Mitchell | Jan 25, 2025 | Blogs, Trade
In Trump’s fourth year in the White House, back in early 2020, I wrote that the trade deficit was rising because the economy was doing well. I specifically observed in that column that “the trade deficit is increasing in large part because Trump’s...
by Dan Mitchell | Jan 24, 2025 | Big Government, Blogs, Economics, Welfare and Entitlements
Back in 2019, I compared OECD nations based on the total burden of social welfare spending as a share of economic output. France was the worst of the worst, unsurprisingly, followed by Finland and Belgium. That column also differentiated by types of...
