by Dan Mitchell | Jan 9, 2025 | Blogs, Economics, Free Market
It’s easy to mock economists. Consider the supposedly prestigious left-leaning academics who asserted in 2021 that Biden’s agenda was not inflationary. At the risk of understatement, they wound up with egg on their faces.* Today, we’re going to...
by Dan Mitchell | Dec 29, 2024 | Blogs, Economics, Free Market
Six years ago, I showed that the United States would be as poor as Mexico if there had been 1-percentage point less annual growth over the past 125 years. John Norberg makes a similar comparison between Sweden and Albania. The entire video is worth...
by Dan Mitchell | Dec 28, 2024 | Blogs, Economics
Two years ago, I expressed guarded optimism about the economy and government policy. …we don’t need perfect policy to get more prosperity. The economy simply needs “breathing room,” which will exist so long as politicians don’t get too crazy about...
by Dan Mitchell | Dec 27, 2024 | Big Government, Blogs, Economics
Congratulations to Joe Biden, albeit in a negative way. He has joined Richard Nixon and Herbert Hoover in having zero positive economic accomplishments. Here’s my assessment. Plenty of anti-growth policies over the past four years, but absolutely...
by Dan Mitchell | Nov 26, 2024 | Blogs, Economics, Free Market
In Part I of this series, I looked at how President Milei has achieved an amazing level of spending restraint in just one year. For Part II, let’s look at his ultimate objective. As he explains in this video, he wants Argentina to be the world’s...