by Dan Mitchell | Jan 9, 2023 | Blogs, Economics
Back in 2016, I shared three videos to explain the theory of “public choice,” which is simply the application of economic principles to understand the self-interested behavior of politicians, bureaucracies, and voters. Wonky readers will enjoy...
by Dan Mitchell | Jan 4, 2023 | Big Government, Blogs, Economics, Government Spending
As part of my annual “Hopes and Fears” column, a rejuvenated interest in spending restraint was at the top of my list. This clip from a recent interview summarizes the economic issues. If you don’t want to watch the video, here are the three things to...
by Dan Mitchell | Dec 28, 2022 | Blogs, Economics
I periodically use a “most depressing” theme when writing about charts or tweets with grim data. I’ve done that with regional data and also looked at depressing data from specific countries. Today, we’re going to look at some “most depressing”...
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...