by Dan Mitchell | May 20, 2024 | Blogs, Economics
A big problem for Joe Biden, as I’ve repeatedly noted, is that families are on an economic treadmill. Simply stated, inflation has been climbing as fast (or sometimes faster) than wages. That’s not a recipe to make a politician popular. Now...
by Dan Mitchell | May 14, 2024 | Blogs, Economics, Free Market
Whenever I’m part of a debate about the merits of free markets, I ask my leftist opponent to respond to my never-answered question. Cite an example, I beg them, of big government producing prosperity. Inevitably, that person either dodges the question or...
by Dan Mitchell | May 2, 2024 | Big Government, Blogs, Economics
Just a few months ago, I wrote about Germany’s fiscal decay. Over the past eight years, government spending has grown much faster than the private sector, thus violating the Golden Rule of fiscal policy. Given the shift to bad policy in Germany, I...
by Dan Mitchell | Apr 19, 2024 | Blogs, Economics, Free Market
Three years ago, I wrote about the erosion of economic liberty in Western Europe (specifically, the 15 nations that comprised the European Union between 1995-2004). Sadly, here’s a more up-to-date chart showing that the loss of economic...
by Dan Mitchell | Apr 18, 2024 | Blogs, Economics, Free Market
I’ve periodically tried to explain that even small differences in long-run growth can lead to immense benefits, including huge reductions in poverty. To illustrate the importance of higher growth rates, I sometimes inform audiences that...