by Dan Mitchell | Apr 11, 2015 | Blogs, Economics, Free Market
Free trade is a good moral concept for the simple reason that politicians and bureaucrats should not be allowed to interfere with voluntary transactions between consenting adults. It’s also a good economic concept for the simple reason that protectionists can’t...
by Dan Mitchell | Apr 7, 2015 | Blogs, Economics, Free Market
What’s the most important factor for economic progress? There are several possible answers to that question. We can take a big-picture view and argue that the key is free markets and small government, and there certainly is lots of evidence in favor of this assertion...
by Dan Mitchell | Mar 30, 2015 | Blogs, Economics, Free Market
There’s a “convergence” theory in economics that suggests, over time, that “poor nations should catch up with rich nations.” But in the real world, that seems to be the exception rather than the rule. There’s an interesting and informative article at the St. Louis...
by Dan Mitchell | Feb 19, 2015 | Blogs, Economics, Free Market
Several months ago, I put forth a two-question challenge for our left-wing friends. Since they relentlessly insist that we can have bigger government, higher taxes, more regulation, and added intervention without any negative impact on economic performance, I asked...
by Dan Mitchell | Dec 3, 2014 | Big Government, Blogs, Economics, Free Market, Tax Competition, Tax Harmonization, Taxation
The United States is burdened with some very bad policies that hinder growth and undermine competitiveness. But sometimes you can win a race if your rivals have policies that are even more self-destructive. And that’s a good description of why the U.S. economy is...
