by Dan Mitchell | Feb 5, 2022 | Big Government, Blogs, Government Spending, Taxation
A key principle of economics is convergence, which is the notion that poorer nations generally grow faster than richer nations. For instance, battle-damaged European nations grew faster than the United States in the first few decades after World War II....
by Dan Mitchell | Jul 13, 2021 | Blogs, Taxation, Trade
Over the past four years, Donald Trump presumably was the biggest threat to global trade. His ignorant protectionism hurt American consumers and businesses – and undermined the competitiveness of the U.S. economy. Over the next four...
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...
by Dan Mitchell | Dec 31, 2020 | Blogs, Taxation
One of my traditions, which started in 2013, is to share the year’s best and worst policy outcomes of the past 365 days. For instance, last year I celebrated Boris Johnson’s landslide victory in the United Kingdom and also was very happy that Colorado voters preserved...
by Dan Mitchell | Dec 2, 2020 | Blogs
A couple of days ago, I criticized officials at the United Nations for advocating higher taxes and bigger government. Fortunately, that bureaucracy is so sclerotic and inefficient that its efforts to promote statism are not very effective But it still galls me that...
