by Dan Mitchell | Sep 26, 2021 | Big Government, Blogs, Welfare and Entitlements
A very persuasive argument against Biden’s fiscal agenda is that it makes no sense to copy the fiscal policies of European welfare states. Indeed, I routinely share this column from January, which looks at three different measures of comparative...
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 | Sep 15, 2021 | Blogs, Economics, Free Market, Uncategorized
The Fraser Institute in Canada has released its latest edition of Economic Freedom of the World, an index that measure and ranks nations based on whether they follow pro-growth policy. Based on the latest available data on key indicators such...
by Dan Mitchell | Aug 27, 2021 | Blogs, Taxation
At the risk of understatement, Illinois is not a well-governed state. Greedy (and hypocritical) politicians have taxed and spent the state into a fiscal hole. It ranks in the top 10 for unemployment.It ranks in the bottom 10 for...
by Dan Mitchell | Aug 26, 2021 | Big Government, Blogs, Economics
I periodically warn that the United States is on a path to become a European-style welfare state. That sounds good to some people since it implies lots of goodies paid for by other people. So I always explain that there’s a downside. The economic...