by Dan Mitchell | Feb 15, 2017 | Blogs, Economics, Free Market
The Index of Economic Freedom is my favorite annual publication from the Heritage Foundation. It’s a rich source of information, using dozens of data sources, about economic liberty around the world. I first wrote about the Index back in 2010 and shared the bad news...
by Dan Mitchell | Jun 6, 2016 | Blogs, Economics
At the risk of oversimplifying, libertarians want to minimize the level of government coercion is society. That’s why we favor both economic liberty and personal liberty.Simply stated, you should have the right to control your own life and make your own decisions so...
by Dan Mitchell | May 28, 2016 | Blogs, Economics, Free Market
I’m in Marrakech where I just spoke about the importance of economic freedom and entrepreneurship. To close out my presentation, I zipped through several slides showing how nations with pro-market policies enjoy faster long-run growth than countries burdened by...
by Dan Mitchell | May 20, 2016 | Blogs, Economics, Free Market
From a leftist perspective, making lots of money is not necessarily a bad thing. Rich Hollywood celebrities almost always get a free pass, especially if they embrace statist beliefs. The crowd in Silicon Valley also is generally forgiven for being rich, perhaps...
by Dan Mitchell | May 9, 2016 | Blogs, Economics
From an economic perspective, too much government spending is harmful to economic performance because politicians and bureaucrats don’t have very good incentives to spend money wisely. More specifically, labor and capital will be misallocated because people in...
