by Dan Mitchell | Nov 10, 2023 | Big Government, Blogs, Europe
In economics, convergence theory is the common-sense observation that poor countries – in general – should grow faster than rich countries. But a general principle sometimes has exceptions, and that’s why I put together my anti-convergence club. If you...
by Dan Mitchell | Aug 30, 2023 | Blogs, Europe
When I write about bad French policy, I’m usually referring to fiscal problems such as excessive spending and onerous taxation. Such as a retirement system with full benefits available at an absurdly low age (even after the recent reform). Or...
by Dan Mitchell | Jul 20, 2023 | Big Government, Blogs, Economics, Europe, Welfare and Entitlements
Part I of this series reviewed some data about the United States growing much faster than the welfare states of the European Union. Part II of the series looked at some very depressing data about the European Union losing ground compared to the United States, even...
by Dan Mitchell | Jun 2, 2023 | Blogs, Trade
Back in 2019, I released this video to explain how the World Trade Organization (WTO) has been a net plus, helping to lower trade taxes and other barriers to cross-border commerce. I’m normally not a fan of international bureaucracies. But, unlike entities...
by Dan Mitchell | May 6, 2023 | Blogs, Europe
Most Americans pay little or no attention to the European Union and its various bureaucratic and political arms in Brussels. But that’s unwise. What happens in Europe can have an impact on policy in the United States. For instance, I have been very...