by Dan Mitchell | Jul 25, 2016 | Blogs, Economics, Free Market
I’m in Shenyang, China, as part of the faculty for Northeastern University’s International Economics and Management program. My primary role is to talk about the economics of fiscal policy, explaining the impact of both taxes and spending. But regular readers already...
by Dan Mitchell | Jul 23, 2016 | Big Government, Blogs, Europe
The United States is laboring through the weakest economic recovery since the Great Depression. Median household income is stagnant and labor-force participation is dismal. Sounds awful, right? Compared to the strong growth of the pro-market Reagan years and...
by Dan Mitchell | Jul 20, 2016 | Blogs, Taxation
What’s the best measure of the tax burden on the U.S. economy? Is it the amount of money that we’re forced to surrender to the knaves in Washington (i.e., the difference between our pre-tax income and post-tax consumption)? Or is it the loss of economic output caused...
by Dan Mitchell | Jul 1, 2016 | Blogs, Competition
Programs about the improbable success of Chile and Estonia already have aired on nationwide TV, and those were joined last weekend by a show about the “sensible nation” of Switzerland. Here’s the 28-minute program. When I first watched the program, I was slightly...
by Dan Mitchell | Jun 19, 2016 | Blogs, Economics, Free Market
Communism is an evil system. Freedom is squashed and people are merely cogs in a system where government exercises total control over the economy and destroys the lives of ordinary people. It also erodes the social capital of a people, telling them that individual...
