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...
by Dan Mitchell | Apr 17, 2024 | Blogs, Economics, Trade
Five years ago, I shared this video explaining why trade deficits generally don’t matter. The most important thing to understand is that a trade deficit is the same thing as a financial account surplus (formerly known as a capital surplus), which is easy to...
by Dan Mitchell | Apr 12, 2024 | Big Government, Blogs, Economics, Free Market, Government Spending, Welfare and Entitlements
Since this is my last full day in Sweden, I want to build upon my previous two columns (on long-run tax policy and pandemic spending policy). We’ll start with this video explaining that Sweden is not socialist. Johan Norberg is correct. Sweden does not...
by Dan Mitchell | Apr 6, 2024 | Blogs, Economics, Free Market
I wrote about Botswana yesterday, but focused on the narrow issue of how some of that nation’s leaders dunked on virtue-signaling politicians in Germany and the United Kingdom. But I did share a chart about how Botswana has out-performed other African...
