by Dan Mitchell | Aug 29, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
Scandinavian countries have very unusual economic policy. They are very free market-oriented with regards to most types of economic policy. The glaring exception is fiscal policy, where these nations get very low scores. The burden of...
by Dan Mitchell | Jul 15, 2023 | Blogs, Economics, Free Market
There is a recipe for achieving growth and prosperity and I used a grade-point-average analogy earlier this year to explain why it is important to get all the ingredients correct. Let’s look at some empirical data. I wrote back in March about the Heritage...
by Dan Mitchell | Jun 25, 2023 | Blogs, Economics
For a long time, the United States was ranked as having the world’s most competitive economy, according to the Swiss-based IMD World Competitiveness Center. But we fell behind Singapore and Hong Kong in 2010. But at least the U.S. stayed in the top...
by Dan Mitchell | Sep 3, 2021 | Blogs, Economics
I’m a big believer in focusing on results rather than reputation or rhetoric. For instance, many Republican politicians talk a good game about spending restraint. But when you crunch the numbers, it turns out that they often increase spending even faster than...
by Dan Mitchell | Jun 19, 2020 | Blogs, Economics, Free Market
When writing yesterday’s column about new competitiveness rankings from the IMD business school in Switzerland, I noticed that I have not yet written about this year’s edition of the Index of Economic Freedom. Time to rectify that oversight. We’ll start with a look at...