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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...
The Chilean Economic Miracle: Big Benefits for the Poor, Part III

The Chilean Economic Miracle: Big Benefits for the Poor, Part III

by Dan Mitchell | Jan 11, 2019 | Blogs, Economics

Today is my last day in Chile, so today’s column will build upon what I wrote last week. I have three charts that illustrate how Chile’s pro-market reforms have been great news – especially for poor people (or, to be more accurate, for Chileans who used to be poor)....
Trudeau’s Class-Warfare Tax Hike Produces Less Revenue

Trudeau’s Class-Warfare Tax Hike Produces Less Revenue

by Dan Mitchell | Jan 8, 2019 | Blogs, Taxation

I wrote yesterday about a handful of strange legal developments in Canada. In a display of balance, however, I noted in my conclusion that Canada in recent decades has been “very sensible” with regard to economic issues (spending restraint, welfare reform, corporate...
Chile’s Pro-Market Reforms Generate Big Benefits for the Less Fortunate, Part II

Chile’s Pro-Market Reforms Generate Big Benefits for the Less Fortunate, Part II

by Dan Mitchell | Jan 5, 2019 | Blogs, Economics, Free Market

I’m currently in Chile, enjoying the warm sun and doing research on the nation’s impressive economic performance. I met yesterday with Jose Pinera, the former minister who created Chile’s incredibly successful system of personal retirement accounts (he’s also one of...
Government Shutdowns and Financial Markets

Government Shutdowns and Financial Markets

by Dan Mitchell | Jan 4, 2019 | Big Government, Blogs, Economics, Government Spending

I’ve previously explained why I don’t have a dog in the current shutdown fight in Washington. Simply stated, Trump isn’t fighting to make government smaller. Instead he wants more spending for a wall and isn’t even proposing some offsetting reductions to keep...
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