by Dan Mitchell | Jan 9, 2026 | Blogs, Economics
In 2016, here’s some of what I wrote about the economic outlook in Illinois. And I shared the same observation when writing about California in 2018. There’s a somewhat famous quote from Adam Smith (“there is a great deal of ruin in a nation“)...
by Dan Mitchell | Jan 5, 2026 | Blogs, Economics, Free Market
Thanks to President Javier Milei, Argentina is the world’s most exciting and encouraging nation for public policy. In just two short years, Milei’s libertarian reforms have pulled the country out of an economic...
by Dan Mitchell | Jan 4, 2026 | Blogs, Economics, Flat Tax, Taxation
CF&P released this video back in 2010, but I don’t think I’ve re-shared it since 2016, so let’s begin today’s column with a reminder that it is possible to have a simple and fair tax system. But since I’m an economist, I couldn’t resist pointing out in the video...
by Dan Mitchell | Dec 28, 2025 | Blogs, Economics, Featured, Trade
I don’t agree with Donald Trump’s view that trade deficits are bad. Why? Because I understand that a trade deficit is merely the flip side of a capital surplus. In other words, when foreigners earn dollars, they often think investing in the...
by Dan Mitchell | Dec 26, 2025 | Blogs, Economics
As explained in my four-part series (here, here, here, and here) and in this clip from a recent interview, Javier Milei’s first two years have been amazingly successful. There are two points in the interview that deserve emphasis. First, Javier Milei’s libertarian...
