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When “Catching Up” Means Lower Income

When “Catching Up” Means Lower Income

by Dan Mitchell | May 5, 2021 | Big Government, Blogs, Europe

My approach during the Trump years was very simple. If he did good things, I applauded.If he did bad things, I criticized. Other people, however, muted their views on policy because of their partisan or personal feelings about Trump. I...
Does the European Union Promote Economic Freedom?

Does the European Union Promote Economic Freedom?

by Dan Mitchell | Mar 13, 2021 | Blogs, Economics

Two years ago, I shared a study from three scholars that investigated whether membership in the European Union (EU) is associated with better economic performance. Before reading that study, I assumed that EU membership was bad news for rich countries with...
Comparing Prosperity: The United States vs. Europe

Comparing Prosperity: The United States vs. Europe

by Dan Mitchell | Mar 8, 2021 | Big Government, Blogs, Economics

I periodically write about the importance of long-run growth and about the importance of convergence (whether poorer countries are catching up with richer countries, as suggested by theory). This is because such data, especially over decades,...
The Looming Crisis of Demographic Decline and Entitlement Expansion

The Looming Crisis of Demographic Decline and Entitlement Expansion

by Dan Mitchell | Feb 22, 2021 | Big Government, Blogs, Welfare and Entitlements

There are many compelling economic arguments against entitlement programs. They discourage savings.They discourage work.They are funded with taxes.They are funded with debt. Since I’m a libertarian, I also have moral concerns about...
Comparing Prosperity: The United States vs. Europe

Compared to the United States, Does Europe Have a “Better” Distribution of Income?

by Dan Mitchell | Jan 12, 2021 | Blogs, Economics

As illustrated by my recent three-part series (here, here, and here), I care about helping the poor rather then hurting the rich. More broadly, I want a bigger economic pie so that everyone can have a larger slice. And I don’t particularly care if some people get...
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