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Measuring the Economic Damage of the Biden Fiscal Plan

Measuring the Economic Damage of the Biden Fiscal Plan

by Dan Mitchell | Sep 24, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation

More than 12 years ago, I shared this video containing lots of data and research on the negative relationship between government spending and economic performance. Since then, I’ve share numerous additional studies showing that bigger government dampens...
Economic Freedom and Income Mobility

Economic Freedom and Income Mobility

by Dan Mitchell | Sep 22, 2021 | Blogs, Economics, Free Market

Writing last week about the new edition of Economic Freedom of the World, I largely focused on the jurisdictions that got high scores (Hong Kong, Singapore, and New Zealand) and countries that got low scores (Venezuela in last place, of...
The Negative Relationship between Welfare and Work

The Negative Relationship between Welfare and Work

by Dan Mitchell | Sep 20, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements

Ten days ago, I shared some data and evidence illustrating how redistribution programs result in high implicit tax rates and thus discourage low-income people from climbing the economic ladder. Simply stated, why work harder or work more when an additional...
Five Visuals to Understand the Biden-Pelosi Tax Plan

Five Visuals to Understand the Biden-Pelosi Tax Plan

by Dan Mitchell | Sep 17, 2021 | Big Government, Blogs, Economics, Taxation

The Biden Administration’s approach to tax policy is awful, as documented here, here, here, and here. We’ve now reached the stage where bad ideas are being turned into legislation. Today’s analysis looks at what the House Ways & Means...
New Economic Freedom Rankings: Treading Water in the U.S., Falling in Canada, and Worrisome News for Chile

New Economic Freedom Rankings: Treading Water in the U.S., Falling in Canada, and Worrisome News for Chile

by Dan Mitchell | Sep 15, 2021 | Blogs, Economics, Free Market, Uncategorized

The Fraser Institute in Canada has released its latest edition of Economic Freedom of the World, an index that measure and ranks nations based on whether they follow pro-growth policy. Based on the latest available data on key indicators such...
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