by Dan Mitchell | Mar 21, 2018 | Blogs, Free Market
At the risk of stating the obvious, I’m not a fan of international bureaucracies. The International Monetary Fund and the Organization for Economic Cooperation and Development are the worst multilateral institutions because of their promotion of bad policy, but I’ve...
by Dan Mitchell | Jan 1, 2018 | Big Government, Blogs, Welfare and Entitlements
Happy New Year! We listed yesterday the good and bad policy developments of 2017, so now let’s speculate about potential victories and defeats in 2018. Here are two things I hope will happen this year. Welfare reform – If my friends and contacts on Capitol Hill are...
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...