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The Baltic Nations, Demographics, and the Need to Shrink the Welfare State

The Baltic Nations, Demographics, and the Need to Shrink the Welfare State

by Dan Mitchell | May 8, 2019 | Big Government, Blogs, Welfare and Entitlements

I’m a big fan of many of the economic reforms that have been implemented in Estonia, Latvia, and Lithuania. All three of the Baltic nations rank highly according to Economic Freedom of the World. Estonia and Lithuania are tied for #13, and Latvia isn’t far behind at...
The Impressive Rise (and Potential Fall) of South Korea

The Impressive Rise (and Potential Fall) of South Korea

by Dan Mitchell | Jan 12, 2019 | Blogs, Economics

When I give speeches on the importance of public policy, I frequently share data showing that pro-market nations are relatively prosperous when compared to countries with statist policies. One of the most dramatic examples is South Korean prosperity versus North...

More Evidence for Private Social Security

by Dan Mitchell | Dec 11, 2018 | Big Government, Blogs, Welfare and Entitlements

The world is in the middle of a dramatic demographic transition caused by increasing lifespans and falling birthrates. One consequence of this change is that traditional tax-and-transfer, pay-as-you-go retirement schemes (such as Social Security in the United States)...

Entrepreneurship, Growth, and Capital Gains Taxation

by Dan Mitchell | Jun 19, 2018 | Blogs, Capital Gains, Taxation

I wrote last month about a new book from the Fraser Institute about demographics and entrepreneurship. My contribution was a chapter about the impact of taxation, especially the capital gains tax. At a panel in Washington, I had a chance to discuss my findings. If you...
Entrepreneurship, Demographics, and Taxation

Entrepreneurship, Demographics, and Taxation

by Dan Mitchell | May 23, 2018 | Blogs, Economics, Taxation

I’ve written over and over again that changing demographics are a very under-appreciated economic development. I’ve also written about why entrepreneurship is a critical determinant of growth. But I never thought of combining those topics. Fortunately, the folks at...
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