by Dan Mitchell | Mar 12, 2022 | Uncategorized
As part of a panel discussion with the Texas Public Policy Foundation, I explained (with a frozen look) why spending caps (such as Switzerland’s “debt brake“) are better than balanced budget requirements. This is a topic I’ve written about many times, noting that even...
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...