by Dan Mitchell | Sep 10, 2025 | Blogs, Economic Growth
When assessing the strength of the labor market, it’s more important to focus on the employment rate rather than the unemployment rate. After all, economic output is a function of the quantity and quality of labor and capital in the economy. And...
by Dan Mitchell | Sep 9, 2025 | Blogs, Economics, Free Market
I put a lot of focus on “convergence” and “divergence” because economic theory says rich countries should not grow faster than poor countries. So when there are examples of divergence, especially when looking at decades of data, we can learn very important...
by Dan Mitchell | Sep 8, 2025 | Blogs, Economics
For those who want Javier Milei to restore Argentinian prosperity, I shared this video on August 26 about the importance of Argentina’s mid-term elections in October. Unfortunately, there was an early test yesterday in the province of Buenos Aires and it did not go...
by Dan Mitchell | Sep 2, 2025 | Big Government, Blogs, Economics, Government Spending
I’ve been explaining for years that economists are lousy forecasters. But we are capable of noticing trends, including trends that will lead of bad outcomes if not reversed. For instance, my recent series on “France and Fiscal Suicide” points...
by Dan Mitchell | Aug 28, 2025 | Big Government, Blogs, Economics, Government Spending
When I wrote yesterday about Germany, I could imagine readers shrugging their shoulders and thinking it was just another column about European decline. Indeed, I’ve written similar columns about other welfare states such...
