by Dan Mitchell | Sep 14, 2020 | Blogs, Economics
The latest edition of Economic Freedom of the World has been released by the Fraser Institute. The good news is that the United States is in the top 10 (we dropped as low as #18 during Obama’s first term). The bad news is that Australia jumped in front of the United...
by Dan Mitchell | Sep 10, 2020 | Big Government, Blogs, Economics, Government Spending
With the election less than two months away, there’s a lot of discussion and debate about Trump’s performance. I put together a report card last year showing that his economic policies have been a mixed bag, with good grades on tax and regulation, but bad grades...
by Dan Mitchell | Sep 7, 2020 | Blogs, Economics
Way back in early 2017, I warned in an interview that Trump would be a big spender (sadly, I was right). But I wasn’t being reflexively anti-Trump. Here’s a clip from that same program where I speculated that Trump might have the political skill to win support from...
by Dan Mitchell | Sep 6, 2020 | Blogs, Economics
What’s the best economic news of the past 40 years? Was it Reaganomics, which restored America’s economic vitality? Was it the collapse of the Soviet Empire, which freed many nations from communist tyranny and allowed at least some of them to successfully shift to...
by Dan Mitchell | Sep 5, 2020 | Blogs, Economics, Free Market
Traditional economics, specifically convergence theory, tells us that poor nations should grow faster than rich nations. I’m more interested, however, in why convergence often doesn’t happen, or only partially happens. And I’m extremely interested in why we often...