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The “Trump of Brazil” Has a Much Better Understanding of Trade than the Trump of America

The “Trump of Brazil” Has a Much Better Understanding of Trade than the Trump of America

by Dan Mitchell | Sep 24, 2019 | Blogs, Economics, Trade

According to the most-recent edition of Economic Freedom of the World, Brazil is only ranked #120, which is lower than nations such as Greece, Haiti, and China. Brazil gets a horrible grade on regulation, and it’s also in the bottom half of all nations when looking...
The IMF, State Capacity, and Spurious Correlation

The IMF, State Capacity, and Spurious Correlation

by Dan Mitchell | Sep 22, 2019 | Big Government, Blogs, Economics, Government Spending, Taxation

The International Monetary Fund is infamous for its advocacy of higher taxes. Heck, it’s not merely advocacy. The international bureaucracy uses bailout money as a tool to coerce politicians into approving higher tax burdens. This is so reprehensible that I’ve...
The Left’s Class-Warfare Numbers Don’t Add Up

The Left’s Class-Warfare Numbers Don’t Add Up

by Dan Mitchell | Sep 18, 2019 | Blogs, Economics, Taxation

I’ve written many times about the perverse and destructive economic impact of class-warfare taxation. Today, we’re doing to look at the sloppy math associated with the fiscal plans of Bernie Sanders, Kamala Harris, Elizabeth Warren, and the rest of the soak-the-rich...
New Rankings for Economic Liberty: Good News and Bad News for the United States

New Rankings for Economic Liberty: Good News and Bad News for the United States

by Dan Mitchell | Sep 14, 2019 | Big Government, Blogs, Economics, Free Market

The folks at the Fraser Institute in Canada have just released a new version of Economic Freedom of the World. As has been the case for many years, Hong Kong is #1 and Singapore is #2, followed by New Zealand (#3) and Switzerland (#4). Interestingly, the United States...
Pope Francis Rejects Prosperity for Developing Nations

Pope Francis Rejects Prosperity for Developing Nations

by Dan Mitchell | Sep 11, 2019 | Blogs, Economics, Free Market

I first opined about Pope Francis in 2013, when I told a BBC audience why the Pope was wrong on economic policy. The following year, I expanded on that point, explaining that statist policies are bad for the poor. And I revisited the issue again last year. I’m not the...
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