by Dan Mitchell | Jun 21, 2025 | Blogs, Economics, Free Market
In Part VII of this series about Javier Milei’s libertarian policies in Argentina, I celebrated a 10-percentage point reduction in the nation’s poverty rate. That’s amazing progress in a short amount of time. As shown in this updated chart,...
by Dan Mitchell | Jun 10, 2025 | Big Government, Blogs, Economics, Government Spending
A major theme of my daily columns is that economic freedom is a universal recipe for faster growth and better economic performance. But the flip side is that statist policies inevitably lead to less prosperity. And these statements are true...
by Dan Mitchell | May 24, 2025 | Blogs, Economics, Free Market, Socialism
I’m baffled that anybody who is both knowledgeable and well-meaning can choose some strain of collectivism (socialism, fascism, communism, etc) over capitalism. It should be a slam dunk for free enterprise, assuming the goal is...
by Dan Mitchell | May 19, 2025 | Blogs, Economics, Free Market
Back in 2017, I created my Fourth Theorem of Government in hopes of convincing timid Republicans that it would be politically beneficial to reduce the burden of government. My example was Ronald Reagan, who did things that seemed politically unpopular, such...
by Dan Mitchell | May 16, 2025 | Blogs, Economics, Free Market
Let’s start today’s column with a refresher look at my video on creative destruction. I had two goals with this video. First, creative destruction can be painful, but it is an inherent and necessary part of the growth process. Second, creative destruction happens from...
