by Dan Mitchell | Dec 9, 2022 | Big Government, Blogs, Economics, Free Market
As illustrated by the “anti-convergence club,” there is a very strong relationship between economic liberty and national prosperity. Simply stated, people enjoy much higher levels of income in nations where there’s more free enterprise and less...
by Dan Mitchell | Dec 3, 2022 | Blogs, Economics, Europe
I frequently call attention to my “anti-convergence club” because it shows – using decades of data – that you get more prosperity in nations with more economic liberty. And that’s true everyplace in the world. Including in Eastern Europe, as we can see from...
by Dan Mitchell | Nov 23, 2022 | Blogs, Economics, States
According to the Fraser Institute’s Economic Freedom of the World, New Hampshire was the most economically free state in America in 2017, 2018, and 2019. But the state famous for “Live Free or Die” has now been replaced by the Sunshine State. The...
by Dan Mitchell | Nov 14, 2022 | Big Government, Blogs, Economics, Government Spending
I explained last week that excessive government spending is responsible for about 97 percent of America’s fiscal deterioration in the 21st century. I followed that column with two post-election pieces that explained how huge tax increases will be...
by Dan Mitchell | Nov 3, 2022 | Blogs, Economics, Taxation
The Laffer Curve is a very straightforward concept. It graphically illustrates why politicians are wrong if they think you can double tax revenue by doubling tax rates (or that revenues will drop by 50 percent if tax rates are cut in half)....
