by Dan Mitchell | Jul 26, 2018 | Blogs, Economics, Taxation
I’ve been in China this week, giving lectures about economic policy at Northeastern University in Shenyang. I’ve explained that China has enjoyed reasonably impressive growth in recent decades thanks to pro-market reforms. But I’ve also pointed out that further...
by Dan Mitchell | Jul 24, 2018 | Blogs, Economics
I’m in China this week, giving various lectures at Northeastern University in Shenyang. My topic today was “Real-World Examples,” which gave me an opportunity to share many of the charts I’ve developed showing how market-oriented nations enjoy much more long-run...
by Dan Mitchell | Jul 16, 2018 | Blogs, Economics, Trade
I get offended when I hear people argue that Donald Trump is another Ronald Reagan. I’m not saying that out of animosity to the President. I also got offended when people compared Bush 41 or Bush 43 to Reagan. I realize Reagan was not perfect, but I think he genuinely...
by Dan Mitchell | Jul 13, 2018 | Big Government, Blogs
Earlier this year, I explained why Nordic nations are not socialist. Or, to be more precise, I wrote that if they are socialist, then so is the United States. And my slam-dunk evidence was this chart from the Fraser Institute’s Economic Freedom of the World., which...
by Dan Mitchell | Jul 11, 2018 | Blogs, Economics, Supply Side, Taxation
Three years ago, I shared two videos explaining taxation and deadweight loss (i.e., why high tax burdens are bad for prosperity). Today, I have one video on another important principle of taxation. To set the stage for this discussion, here are two simple definitions...