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Rich People Should Help the Poor by…Making Smart Investments and Earning Big Profits

by Dan Mitchell | Aug 30, 2011 | Blogs, Free Market

There’s a very provocative article on the New York Times website that criticizes Steve Jobs for his supposed lack of charitable giving. Surprisingly, there is one thing that Mr. Jobs is not, at least not yet: a prominent philanthropist. Despite accumulating an...

Bacon, Duct Tape, and the Free Market

by Dan Mitchell | Jul 8, 2011 | Big Government, Blogs, Economics, Free Market

It’s hard to imagine how we would get through life without necessities like bacon and duct tape. But have you ever thought about how the free market gives you so much for so little? Here’s a video that should be mandatory viewing in Washington. Too bad politicians...

Why Are Some Countries Rich and Others Poor?

by Dan Mitchell | Jun 29, 2011 | Blogs, Economic Growth, Economics, Free Market

Here’s a new video, less than 2-1/2 minutes, pointing out some of the key differences between rich nations and poor nations. Not surprisingly, small government, free markets, and sound institutions are critical. I narrated a similar video, released more than two years...

Even World Bank Research Shows Economic Liberty Is Better than Government Dependency

by Dan Mitchell | Jun 5, 2011 | Big Government, Blogs, Economic Growth, Free Market

Regular readers know that I’m not a big fan of the international bureaucracies. I don’t like the International Monetary Fund because it encourages bad policy by bailing out nations such as Greece. I don’t like the Organization for Economic Cooperation and Development...

Crikey, Australia’s a Good Role Model

by Dan Mitchell | Jun 4, 2011 | Big Government, Blogs, Economics, Free Market, Welfare and Entitlements

The Economist magazine has a couple of good articles about Australia’s increasingly enviable economic status. Here’s a blurb from the first article, which outlines the pro-market reforms that enabled today’s prosperity. Only a dozen economies are bigger, and only six...
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