by Dan Mitchell | Jan 5, 2019 | Blogs, Economics, Free Market
I’m currently in Chile, enjoying the warm sun and doing research on the nation’s impressive economic performance. I met yesterday with Jose Pinera, the former minister who created Chile’s incredibly successful system of personal retirement accounts (he’s also one of...
by Dan Mitchell | Dec 29, 2018 | Blogs, Free Market, Trade
President Trump’s view of global trade is so bizarre, risky, uninformed, misguided, and self-destructive that I periodically try to maintain my sanity by reviewing the wisdom of one of America’s greatest presidents. Ronald Reagan’s remarks in 1985 about the...
by Dan Mitchell | Dec 24, 2018 | Big Government, Blogs, Economics, Free Market
I wrote a column earlier this month about the “world’s most depressing tweet,” which came from the Census Bureau and noted that the suburbs of Washington, DC, are the richest parts of America. To be sure, I was engaging in a bit of hyperbole since a tweet about...
by Dan Mitchell | Dec 16, 2018 | Blogs, Economics, Trade
I have a four-part video series on trade-related topics. Part I focused on the irrelevance of trade balances. Part II looked at specialization and comparative advantage. Here’s Part III, which explains how trade (whether domestic or international) leads to creative...
by Dan Mitchell | Nov 16, 2018 | Blogs, Economics, Free Market
I periodically ask my left-leaning friends to identify a nation that became rich with statist policies. They usually point to Sweden or Denmark, but I point out that Sweden and Denmark became rich in the 1800s and early 1900s, when government was very small. At that...