by Dan Mitchell | Aug 15, 2015 | Big Government, Blogs
What’s the greatest economic tragedy in modern history? The obvious answer is communism, which produced tens of millions of needless deaths and untold misery for ordinary people. Just compare living standards in North Korea and South Korea, or Chile and Cuba. But if...
by Dan Mitchell | Aug 11, 2015 | Big Government, Blogs, Economics, Government Spending
Let’s celebrate some good news. When politicians can be convinced (or pressured) to exercise even a modest bit of spending restraint, it’s remarkably simple to get positive results. Here’s some of what I wrote earlier this year. …one of the few recent victories for...
by Dan Mitchell | Aug 8, 2015 | Big Government, Blogs, Welfare and Entitlements
For both policy reasons and narcissism, I wish the most popular item ever posted on International Liberty was Mitchell’s Golden Rule. But that guide to sensible fiscal policy isn’t even in the top 70. Instead, my most-read post is a set of cartoons showing how the...
by Dan Mitchell | Aug 5, 2015 | Big Government, Blogs
In the past, I’ve identified the world’s most misleading headlines and I’ve also identified the world’s least surprising headline. Today, I’m going to share the world’s most disappointing headline. When I first saw this story in USA Today, I thought it was time to...
by Dan Mitchell | Aug 1, 2015 | Big Government, Blogs, Economics
One of the reasons I repeatedly compare market-oriented countries with statist nations is to show that even minor differences in growth, if sustained over time, can have enormous impact on living standards for ordinary people. And that’s why we should be very worried...