by Dan Mitchell | Nov 14, 2020 | Big Government, Blogs, Economics
China is a success if you consider how economic freedom increased after Mao’s death and hundreds of millions of people were lifted out of unimaginable poverty. But I explain in this interview that China is also a failure because the reforms were too limited and the...
by Dan Mitchell | Nov 13, 2020 | Blogs, Economics, Taxation
During the campaign, Joe Biden proposed a massive tax increase, far beyond what either Barack Obama or Hillary Clinton put forth when they ran for the White House. Some people speculate that Biden isn’t actually that radical, and that his class-warfare agenda was...
by Dan Mitchell | Nov 11, 2020 | Blogs, Economics, States
For years, public finance experts have been warning about fiscally irresponsibility by state and local governments. Many of those governments have been spending too much money and making overly expensive promises to interest groups such as government...
by Dan Mitchell | Oct 28, 2020 | Blogs, Economics
Given my complete and utter disdain for socialism, I’m obviously a big fan of this discussion between Rand Paul and John Stossel. In the video, Paul and Stossel draw a distinction between market-friendly welfare states in Scandinavia and genuinely socialist nations...
by Dan Mitchell | Oct 23, 2020 | Blogs, Economics, Minimum Wage
In another display of selfless masochism, I watched the Trump–Biden debate last night. The candidates behaved better, for whatever that’s worth, but I was disappointed that there so little time (and even less substance) devoted to economic issues. One of the few...