by Dan Mitchell | Feb 15, 2017 | Blogs, Economics, Free Market
The Index of Economic Freedom is my favorite annual publication from the Heritage Foundation. It’s a rich source of information, using dozens of data sources, about economic liberty around the world. I first wrote about the Index back in 2010 and shared the bad news...
by Dan Mitchell | Jan 5, 2017 | Big Government, Blogs, Economics, Regulations
It’s time to channel the wisdom of Frederic Bastiat. There are many well-meaning people who understandably want to help workers by protecting them from bad outcomes such as pay reductions, layoffs, and discrimination. My normal response is to remind them that the best...
by Dan Mitchell | Dec 30, 2016 | Blogs, Economics
At the risk of sounding like a broken record (or like Donald Sutherland in Animal House), I’m going to repeat myself for the umpteenth time and state that the United States has a big long-run problem. To be specific, the burden of government spending will inexorably...
by Dan Mitchell | Nov 9, 2016 | Blogs, Economics
Wow. I don’t know what else to say. Almost all the experts said Trump couldn’t win the GOP nomination. Then the expert consensus was that Trump had virtually no chance of winning the White House. Now, for better or worse, he’s going to be America’s next President....
by Dan Mitchell | Nov 3, 2016 | Big Government, Blogs, Economics
In 2008, government spending consumed 50.9 percent of economic output in Greece according to OECD fiscal data. That same year, Greece’s score from Economic Freedom of the World was 7.12 (on a 0-10 scale), which was rather poor for a supposedly developed country and...
