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The (Accelerated) Europeanization of America

The (Accelerated) Europeanization of America

by Dan Mitchell | Aug 26, 2021 | Big Government, Blogs, Economics

I periodically warn that the United States is on a path to become a European-style welfare state. That sounds good to some people since it implies lots of goodies paid for by other people. So I always explain that there’s a downside. The economic...
The Double-Barreled Danger of Biden’s Plan to Expand the Welfare State

The Double-Barreled Danger of Biden’s Plan to Expand the Welfare State

by Dan Mitchell | May 19, 2021 | Big Government, Blogs, Europe, Welfare and Entitlements

The United States has a big economic advantage over Europe in part because the burden of welfare spending is lower. This means fewer people trapped in government dependency in America. And it means a smaller tax burden in America....
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...
The (Accelerated) Europeanization of America

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,...
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