by Dan Mitchell | Apr 30, 2022 | Blogs
In the make-believe country of Libertaria, there is no such thing as Social Security or any other type of government-mandated retirement policy. In the real world, however, most nations have created “pay-as-you-go” retirement schemes based on taxing...
by Dan Mitchell | Sep 23, 2021 | Big Government, Blogs
Two years ago, I wrote that China needed to choose between “Statism and Stagnation or Reform and Prosperity.” Sadly, as I noted last month in Part I of this series, it seems that President Xi is opting for the former. Which is unfortunate since...
by Dan Mitchell | Aug 22, 2021 | Blogs, Economics, Taxation
Long-time readers know that I periodically pour cold water on the notion that China is an economic superstar. Yes, China did engage in some economic liberalization late last century, and those reforms should be applauded because they...
by Dan Mitchell | Aug 1, 2021 | Blogs, Economics
China is not going to surpass the United States as the world’s dominant economy. As I first wrote back in 2010, China is a paper tiger. Yes, there was some pro-market reform last century, which helped reduce mass poverty, but China only took...
by Dan Mitchell | Feb 20, 2021 | Blogs, Economics
I have mixed feelings about China’s economic policies. During the 1950s, 1960s, and 1970s, China was horrifically impoverished because of socialist policies. According to the Maddison database, the country was actually poorer under communism...
