by Dan Mitchell | Aug 30, 2018 | Blogs, Economics, Free Market
Whether I’m writing about a rich country or a poor country, my research starts with a visit to Economic Freedom of the World. Published by the Fraser Institute in Canada, EFW uses five major factors (fiscal, regulatory, monetary, trade, and quality of governance) to...
by Dan Mitchell | Aug 23, 2018 | Blogs, Economics, Free Market
A key insight of international economics is that there should be “convergence” between rich countries and poor countries, which is just another way of saying that low-income nations – all other things being equal – should grow faster than high-income nations and...
by Darren Brady Nelson | Aug 22, 2018 | Opinion and Commentary
Originally published by Cayman Financial Review on August 20, 2018. It was widely reported by the media around the world in mid-June that U.S. President Donald Trump had “blown up” the Group of Seven (G-7) in the wake of their annual summit held this year in Quebec...
by Dan Mitchell | Aug 16, 2018 | Blogs, Free Market
With the possible exception of a few extreme environmentalists, everyone agrees that robust long-run growth is a key to a better society. An unprecedented jump in growth, for instance, is what enabled the western world to escape poverty, resulting in the famous...
by Dan Mitchell | Jul 24, 2018 | Blogs, Economics
I’m in China this week, giving various lectures at Northeastern University in Shenyang. My topic today was “Real-World Examples,” which gave me an opportunity to share many of the charts I’ve developed showing how market-oriented nations enjoy much more long-run...