by Dan Mitchell | Jul 10, 2020 | Big Government, Blogs
It doesn’t get as much attention as basket-case nations such as Venezuela, North Korea, Zimbabwe, or Cuba, but Argentina is one of the world’s worst-governed nations. It is ranked #155 out of 159 nations by the Fraser Institute’s Economic Freedom of the World. It...
by Dan Mitchell | Apr 22, 2020 | Blogs, Economics, Taxation
The folks who don’t want to let a crisis go to waste have been very busy in the era of coronavirus, pushing an ever-expanding menu of bad ideas. Propping up high-tax states such as New York, Illinois, and California by restoring the tax code’s deduction for state and...
by Dan Mitchell | Aug 15, 2019 | Big Government, Blogs
It’s difficult to be optimistic about some parts of the world. When I look at Greece and Italy, for instance, I can’t help but think that economic renaissance is very unlikely, in part because of demographics, but even more so because voters have been conditioned to...
by Dan Mitchell | May 14, 2019 | Blogs, Economics, Free Market
Just last month, I wrote about Argentina’s grim economic outlook and criticized the supposed right-of-center President, Mauricio Macri, for failing to deliver any meaningful economic liberalization. And reform is desperately needed. According to Economic Freedom of...
by Dan Mitchell | Apr 20, 2019 | Big Government, Blogs, Economics
Argentina is a sobering example of how statist policies can turn a rich nation into a poor nation. I’m not exaggerating. After World War II, Argentina was one of the world’s 10-richest nations. But then Juan Perón took power and initiated Argentina’s slide toward big...