by Dan Mitchell | Jun 19, 2020 | Blogs, Economics, Free Market
When writing yesterday’s column about new competitiveness rankings from the IMD business school in Switzerland, I noticed that I have not yet written about this year’s edition of the Index of Economic Freedom. Time to rectify that oversight. We’ll start with a look at...
by Dan Mitchell | Jun 13, 2020 | Blogs, Economics
If you want to understand how government really works, learn about “public choice.” This is the common-sense theory that politicians and other people in politics often make decisions based on self interest, and it does a very good job of explaining why we get so many...
by Dan Mitchell | Jun 12, 2020 | Blogs, Economics
There’s much to dislike about Keynesian economics, most notably that it tells politicians that their vice – buying votes by spending other people’s money – is somehow a virtue. Advocates of Keynesianism also can be very simplistic, sometimes falling victim to the...
by Dan Mitchell | Jun 9, 2020 | Blogs, Economics
As part of my recent presentation to IES Europe, here’s what I said (and what I’ve said many times before) about the relationship between economic policy and national prosperity. My remarks focused in part on the difference between absolute economic liberty and...
by Dan Mitchell | Jun 5, 2020 | Blogs, Economics
Yesterday, I shared some research showing how misguided redistribution policies lead to high implicit marginal tax rates that discourage work. Then I was interviewed about a very tangible example of this phenomenon – jobless benefits that give people more money than...
