by Dan Mitchell | Sep 13, 2023 | Blogs, Economics
I’ve repeatedly explained (last July, last September, and this July) that Biden’s biggest economic problem is that wages are losing ground after adjusting for inflation. The same thing is true when looking at overall household income. The Census Bureau just...
by Dan Mitchell | Sep 7, 2023 | Blogs, Economics
When we look at the degree of economic freedom in various nations, we find evidence that good policies produce good results. Similarly, when we look at the degree of economic freedom in various states, we also find evidence that good policies...
by Dan Mitchell | Aug 19, 2023 | Blogs, Economics, Free Market
Just last month, I cited some academic research showing how Poland’s economy dramatically improved after the fall of the Soviet Empire and the country escaped socialism. The change has been dramatic. Indeed, Poland has easily out-performed...
by Dan Mitchell | Aug 16, 2023 | Blogs, Economics, Free Market
Bad policies (industrial policy, protectionism, rent control, minimum wage laws, etc) have a common feature, which is that politicians are trying to replace the “spontaneous order” of markets with intervention and planning. In this new video, John...
by Dan Mitchell | Aug 2, 2023 | Big Government, Blogs, Economics, Government Spending
I’m not a big fan of Moody’s, Fitch, and Standard & Poor’s. As I explained in this 2011 interview, these credit rating firms don’t provide much insight, at least with regards to assessing whether governments can be trusted to honor their...
