by Dan Mitchell | Dec 29, 2024 | Blogs, Economics, Free Market
Six years ago, I showed that the United States would be as poor as Mexico if there had been 1-percentage point less annual growth over the past 125 years. John Norberg makes a similar comparison between Sweden and Albania. The entire video is worth...
by Dan Mitchell | Dec 28, 2024 | Blogs, Economics
Two years ago, I expressed guarded optimism about the economy and government policy. …we don’t need perfect policy to get more prosperity. The economy simply needs “breathing room,” which will exist so long as politicians don’t get too crazy about...
by Dan Mitchell | Dec 27, 2024 | Big Government, Blogs, Economics
Congratulations to Joe Biden, albeit in a negative way. He has joined Richard Nixon and Herbert Hoover in having zero positive economic accomplishments. Here’s my assessment. Plenty of anti-growth policies over the past four years, but absolutely...
by Dan Mitchell | Dec 26, 2024 | Big Government, Blogs, Welfare and Entitlements
Scandinavian nations are not socialist, at least if we’re using the technical definition (government ownership, central planning, and price controls). But those countries do have big welfare states. And that means stifling tax burdens. And those harsh taxes...
by Dan Mitchell | Dec 24, 2024 | Blogs, Uncategorized
I was very confident that Senator Elizabeth Warren was going to be 2024’s Politician of the Year. After all, not only is she a hypocrite on school choice and taxes, she’s also a hypocrite on the environment. All of that is impressive, albeit in a...