by Dan Mitchell | Oct 20, 2024 | Blogs, Economics
With hurricane season (hopefully) coming to a close, this is a good opportunity to share this video from John Stossel about the absurdity of government-subsidized insurance in flood-prone areas. Kudos to Rand Paul for addressing this issue. It’s a textbook case of...
by Dan Mitchell | Oct 18, 2024 | Blogs, Economics, Free Market
Five years ago, I defended the “Washington Consensus” of the 1980s and 1990s. …the “Washington Consensus”…was a term that was used to describe the kind of policy advice in those days provided to (or imposed upon) the developing world by the IMF, World Bank,...
by Dan Mitchell | Oct 17, 2024 | Blogs, Economics, Free Market
The newest edition of Economic Freedom of the World has been released by the Fraser Institute and I will continue my tradition (2023, 2022, 2021, 2020, 2019, etc) of sharing the big-picture highlights. I normally start by...
by Dan Mitchell | Oct 13, 2024 | Blogs, Economics, Europe
I worry about public policy in the United States. It’s gotten worse in recent decades and I worry it will get worse in the future. But there are not many better alternatives. A few small countries allow more economic liberty, such as Singapore and...
by Dan Mitchell | Oct 9, 2024 | Blogs, Economics, Supply Side, Taxation
Some folks on the left say the Laffer Curve is a fantasy concocted by economic charlatans. Some folks on the right say the Laffer Curve is real and that all tax cuts are self-financing. Both are wrong. When I talk to folks on the left, I tell them...
