by Dan Mitchell | Jul 25, 2019 | Blogs, Economics, Free Market
I’ve applauded China’s economic progress. It’s economic liberty score jumped from 3.64 in 1980 to 6.46 in the most recent edition of Economic Freedom of the World. That shift toward markets (which started in a village) helped to dramatically reduce poverty and turn...
by Dan Mitchell | Jul 2, 2019 | Blogs, Economics
It’s not easy picking the most pessimistic chart about Japan. The country suffered several decades of economic stagnation following the collapse of a bubble about three decades ago. That means it’s a bit of a challenge to identify the worst economic numbers. Is it the...
by Dan Mitchell | Jun 11, 2019 | Blogs, Economics
Because they directly measure economic liberty, my favorite global rankings are Economic Freedom of the World and the Index of Economic Freedom. But I also like the World Economic Forum’s Global Competitiveness Report and the Institute of Management...
by Dan Mitchell | May 23, 2019 | Blogs, Economics, Free Market
I’m in Sydney, Australia, but not because I’m confirming that this country will be my escape option if (when?) the United States suffers a Greek-style fiscal collapse. Instead, I’m Down Under for the annual Friedman Conference. This gives me an excuse to write about...
by Dan Mitchell | Apr 28, 2019 | Uncategorized
Looking through an economic lens, what’s the best country in the world? If your benchmark is economic liberty, then Hong Kong is the answer according to both the Fraser Institute and Heritage Foundation. If per-capita GDP or per-capita wealth is your benchmark,...
