by Dan Mitchell | Jun 6, 2013 | Blogs, Economics, Free Market
I’ve narrated a video that cites Economic Freedom of the World data to explain the five major factors that determine economic performance. But that video is only six minutes long, so I only skim the surface. For those of you who feel that you’re missing out, you can...
by Dan Mitchell | Jun 3, 2013 | Blogs, Economics
With many European nations already in the midst of a fiscal crisis caused by excessive government, and with most other industrialized nations heading down the same path thanks to aging populations and poorly designed entitlement programs, this would be a good time for...
by Dan Mitchell | Jun 1, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation
I want a smaller burden of government spending, so you can only imagine how frustrating it is for me to observe the fight in Europe. On one side of the debate you have pro-spenders, who call themselves “growth” advocates, but are really just Keynesians. On the other...
by Dan Mitchell | May 29, 2013 | Blogs, Economics, Health Care, Taxation
I’ve frequently argued that “third-party payer” is the main problem with the healthcare system. In simpler terms, this is the notion that a market won’t function very well if consumers think they’re spending someone else’s money. Why be a careful consumer, after all,...
by Dan Mitchell | May 24, 2013 | Blogs, Economics
Several European nations are suffering from a fiscal crisis. But that’s just part of the story. They also have significantly lower incomes than the United States, with living standards about 30 percent-40 percent below American levels. And while many people are upset...
