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Economic Liberty is Better for National Prosperity Than We Thought

Economic Liberty is Better for National Prosperity Than We Thought

by Dan Mitchell | Feb 24, 2023 | Blogs, Economics, Free Market

I frequently call attention to the “anti-convergence club” because of the many real-world examples showing that nations with free markets and limited governments enjoy much better economic performance. Here are just a few case studies. North Korea vs...

What’s Best for the Working Class: Big Government or Small Government?

by Dan Mitchell | Dec 9, 2022 | Big Government, Blogs, Economics, Free Market

As illustrated by the “anti-convergence club,” there is a very strong relationship between economic liberty and national prosperity. Simply stated, people enjoy much higher levels of income in nations where there’s more free enterprise and less...
Defending (sort of) European Economic Policy

Defending (sort of) European Economic Policy

by Dan Mitchell | Oct 17, 2022 | Blogs, Europe, Free Market

I write frequently about the economic damage caused by European fiscal policy, but today let’s comment on the (comparatively) good policies that exist on the other side of the Atlantic. We’ll start with this video excerpt from a presentation...
Haiti and the Cost of Bad Government

Haiti and the Cost of Bad Government

by Dan Mitchell | Oct 14, 2022 | Blogs, Economics, Free Market

There are some Caribbean jurisdictions that are very rich and successful, such as the Cayman Islands. There are others that have middle-of-the-road track records, such as Barbados. Then there’s the basket case of Haiti. Here’s data from the World...
Has Free Enterprise Produced More Prosperity or More Suffering?

Has Free Enterprise Produced More Prosperity or More Suffering?

by Dan Mitchell | Oct 4, 2022 | Blogs, Economics, Free Market, Socialism

I have a multi-part series making the case for capitalism (Part I, Part II, Part III, Part IV, Part V, and Part VI), and I’ve shared lots of long-run data showing how some people began to enjoy unimaginable...
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