by Dan Mitchell | Aug 7, 2015 | Blogs, Economics
Is the third time the charm, at least for bailouts? First, we had the TARP bailout in the United States, and that turned out to be a corrupt mess. Second, we had the Greek bailout, which has squandered hundreds of billions of euros to prop up a welfare state. Now we...
by Dan Mitchell | Jul 11, 2015 | Big Government, Blogs, Economics, Free Market
When I first got to Washington in the mid-1980s, one of the big issues was the supposedly invincible Japanese economy. Folks on the left claimed that Japan was doing well because the government had considerable power to micro-manage the economy with industrial policy....
by Andrew F. Quinlan | May 19, 2015 | Opinion and Commentary
This article originally appeared in The Washington Times on May 18, 2015. To supplement profits that have been hamstrung by slowing domestic growth, Western companies are turning to emerging markets with greater frequency. Participation in those markets, however, is...
by Dan Mitchell | May 1, 2015 | Big Government, Blogs, Government Spending, Taxation
For the people of China, there’s good news and bad news. The good news, as illustrated by the chart, is that economic freedom has increased dramatically since 1980. This liberalization has lifted hundreds of millions from abject poverty. The bad news is that China...
by Dan Mitchell | Feb 9, 2015 | Blogs, Economics
I’m a firm believer in climate change. Heck, there have been several ice ages and warming periods, so it’s obvious that temperatures shift over time. And while I’m not particularly qualified to assess such matters, I’m also willing to believe that human activity has...
