by Dan Mitchell | Nov 24, 2020 | Big Government, Blogs, Economics
Most readers care about economic developments and economic comparisons involving the United States. Some readers also care about what’s happening in other major nations, such as China, Germany, Italy, France, Japan, and the United Kingdom. Relatively few readers, by...
by Dan Mitchell | Nov 20, 2020 | Blogs, Economics, Free Market
Previous editions of the case for capitalism (Part I, Part II, and Part III) have focused on big-picture analyses of markets vs statism. Today, let’s look at a specific product that free enterprise has delivered. Younger readers may take smartphones for granted, but I...
by Dan Mitchell | Nov 17, 2020 | Blogs, Economics
Japan is an interesting country to examine if you want insights about public policy. We can study the impact of population aging on fiscal outcomes. We can learn about the utter failure of Keynesian economics. We can understand why it’s a very bad idea to impose a...
by Dan Mitchell | Nov 16, 2020 | Blogs, Taxation
In Part I of this series, I expressed some optimism that Joe Biden would not aggressively push his class-warfare tax plan, particularly since Republicans almost certainly will wind up controlling the Senate. But the main goal of that column was to explain that the...
by Dan Mitchell | Nov 15, 2020 | Blogs, Economics
I’m a big fan of New Zealand because the nation is a great example of how sweeping free-market reforms lead to very good results. The Kiwis got rid of all agriculture subsidies and farmers benefited. The Kiwis put the clamps on government spending, both in the 1990s...