by Dan Mitchell | Oct 23, 2024 | Blogs, Economics, Taxation, Trade
I’m not a fan of the International Monetary Fund, mostly because of the bureaucracy’s support for bailouts and higher taxes. Those are terrible policies for the global economy. If you want to add insult to injury, the IMF’s forecasting ability also...
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...
