by Dan Mitchell | Aug 14, 2024 | Blogs, Economics, Free Market
I’ve repeatedly praised Chile’s pro-market reforms (see here, here, and here) and I’ve repeatedly condemned Venezuela’s shift to socialism (see here, here, and here). But if you don’t have time to read all those columns, this chart from...
by Dan Mitchell | Aug 10, 2024 | Blogs, Economics
Why do politicians such as Donald Trump and Kamala Harris show no interest in fixing Social Security and other entitlement programs? The answer is “public choice.” They are focused on maximizing votes and power in the short run...
by Dan Mitchell | Aug 5, 2024 | Blogs, Economics, Free Market
The recipe for economic growth is not complicated. You can put it in very simple terms, as Adam Smith did a few hundred years ago. Or you can develop and utilize data-heavy indexes like the ones published by the Fraser...
by Dan Mitchell | Aug 1, 2024 | Big Government, Blogs, Economics, Welfare and Entitlements
Since both Kamala Harris and Donald Trump want government to be a bigger burden, there is zero chance of entitlement reform in the next four years. But that doesn’t change the fact that personal retirement accounts would be an...
by Dan Mitchell | Jul 29, 2024 | Blogs, Economics
Regulations can be theoretically justified. Proponents simply need to show that expected benefits will be greater than likely costs. That’s the good news. The bad news is that very few examples of red tape pass this simple test. The net result is that we...
