by Dan Mitchell | Aug 14, 2018 | Blogs, Economics
A few days ago, I shared some academic research investigating whether economic crises lead to more liberalization (Naomi Klein’s hypothesis) or more statism (Robert Higgs’ hypothesis). Given the dismal long-run outlook for the United States and most other developed...
by Dan Mitchell | Aug 10, 2018 | Blogs, Economics
When I give speeches about modern welfare states, I’ll often cite grim data from the IMF, BIS, and OECD about the very depressing fiscal consequences of ever-expanding government. And if I really want to worry an audience, I’ll augment those numbers by talking about...
by Dan Mitchell | Aug 8, 2018 | Blogs, Economics
I often discuss the importance of long-run growth and I pontificate endlessly about the policies that will produce better economic performance. But what about short-term fluctuations? Where are we in the so-called business cycle? I don’t think economists are good at...
by Dan Mitchell | Aug 5, 2018 | Big Government, Blogs, Energy, Regulations
I don’t like the tribal nature of American politics, in part because I get criticized for not playing the game. The pro-Trump crowd goes after me when I condemn the President’s protectionism and wasteful spending. And the anti-Trump crowd goes after me when I applaud...
by Dan Mitchell | Jul 31, 2018 | Blogs, Economics, Supply Side, Taxation
In the past few years, I’ve bolstered the case for lower tax rates by citing country-specific research from Italy, Australia, Germany, Sweden, Israel, Portugal, South Africa, the United States, Denmark, Russia, France, and the United Kingdom. Now let’s look to the...