by Dan Mitchell | Dec 13, 2017 | Blogs, Tax Competition, Taxation
When Ronald Reagan slashed tax rates in America in the 1980s, the obvious direct effect was more prosperity in America. But the under-appreciated indirect effect of Reaganomics was that it helped generate more prosperity elsewhere in the world. Not because Americans...
by Dan Mitchell | Jun 15, 2017 | Blogs, Economics
I’ve written (many, many times) about how the best way to help the poor is to focus on economic growth rather than inequality. After all, in a genuine market economy (as opposed to socialism, cronyism, or some other form of statism), the poor aren’t poor because some...
by Dan Mitchell | Mar 27, 2017 | Big Government, Blogs, Economics, Free Market
The Organization for Economic Cooperation and Development has published a 136-page “Economic Survey” of China. My first reaction is to wonder why the Paris-based bureaucracy needs any publication, much less such a long document, when Economic Freedom of the...
by Dan Mitchell | Mar 21, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’ve looked at some of the grim fiscal implications of demographic changes the United States and Europe. Now let’s look at what’s happening in Asia. The International Monetary Fund has a recent study that looks at shortfalls in government-run pension schemes and...
by Dan Mitchell | Jul 29, 2016 | Big Government, Blogs, Economics
I’m still in China, as part of a week-long teaching assignment about markets, entrepreneurship, economics, and fiscal policy at Northeastern University in Shenyang. One point that I’ve tried to get across to the students is that China should not copy the United...
