by Dan Mitchell | Oct 21, 2024 | Blogs, Europe
In April of 2023, I wrote about the fact that there is more spending and more debt in the PIGS (Portugal, Italy, Greece, and Spain) compared to levels before the last European fiscal crisis. In December of 2023, I wrote about the growing burden of...
by Dan Mitchell | Oct 20, 2024 | Blogs, Economics
With hurricane season (hopefully) coming to a close, this is a good opportunity to share this video from John Stossel about the absurdity of government-subsidized insurance in flood-prone areas. Kudos to Rand Paul for addressing this issue. It’s a textbook case of...
by Dan Mitchell | Oct 19, 2024 | Big Government, Blogs, Economics, Welfare and Entitlements
What nation has the world’s best tax policy? There are relatively straightforward ways of answering that question, such as looking at the places (Cayman Islands, Bermuda, Monaco, etc) with no income tax. If you focus on bigger nations, you can look at...
by Dan Mitchell | Oct 18, 2024 | Blogs, Economics, Free Market
Five years ago, I defended the “Washington Consensus” of the 1980s and 1990s. …the “Washington Consensus”…was a term that was used to describe the kind of policy advice in those days provided to (or imposed upon) the developing world by the IMF, World Bank,...
by Dan Mitchell | Oct 17, 2024 | Blogs, Economics, Free Market
The newest edition of Economic Freedom of the World has been released by the Fraser Institute and I will continue my tradition (2023, 2022, 2021, 2020, 2019, etc) of sharing the big-picture highlights. I normally start by...
