by Dan Mitchell | Apr 11, 2019 | Blogs, Economics, Free Market, Taxation
Singapore is routinely ranked as the world’s 2nd-freest economy, trailing only Hong Kong. The nation’s laissez-faire approach has yielded big dividends. Singapore is now über prosperous, richer than both the United States and United Kingdom. But there are problems in...
by Dan Mitchell | Apr 10, 2019 | Blogs, Economics
I was in Bratislava earlier today as part of the Free Market Road Show, where I spoke about how European nations are in trouble because of excessive spending and aging populations. But I’m not going to write about my presentation because Peter Gonda of the...
by Dan Mitchell | Apr 6, 2019 | Blogs, Economics, Keynesian, Monetary Policy
Being a policy wonk in a political town isn’t easy. I care about economic liberty while many other people simply care about political maneuvering. And the gap between policy advocacy and personality politics has become even larger in the Age of Trump. One result is...
by Dan Mitchell | Apr 1, 2019 | Blogs, Economics, Monetary Policy
Back in January, I spoke with Cheddar about market instability and put much of the blame on the Federal Reserve. Simply stated, I fear we have a bubble thanks to years and years (and years and years) of easy money and artificially low interest rates. To be sure,...
by Dan Mitchell | Mar 30, 2019 | Blogs, Economics, Socialism
Redistribution has a corrosive impact on both ends. Recipients are harmed because they get trapped in dependency, and workers are harmed because taxes discourage productive behavior. Yet young people seem susceptible to this ideology, even when they are among the main...