by Dan Mitchell | Aug 1, 2021 | Blogs, Economics
China is not going to surpass the United States as the world’s dominant economy. As I first wrote back in 2010, China is a paper tiger. Yes, there was some pro-market reform last century, which helped reduce mass poverty, but China only took...
by Dan Mitchell | Jul 7, 2021 | Blogs, Economics
I’ve written nearly 6,100 columns for International Liberty, but only one of those columns has focused on Lebanon. That was back in 2018, when I explained how the nation could have avoided a fiscal crisis with a spending cap. Now it’s time to once...
by Dan Mitchell | Jul 6, 2021 | Blogs, Health Care
Programs such as Medicare and Medicaid, along with the tax code’s healthcare exclusion, have created a system where consumers directly pay for only about 10 percent of the care they receive. We think it’s normal and appropriate for either the...
by Dan Mitchell | Jul 5, 2021 | Big Government, Regulations
Most people say the key feature of capitalism is competition. Hard to argue with that characterization, but I would go one step further and say that it is one of the consequences of competition – “creative destruction” – that best captures why free markets...
by Dan Mitchell | Feb 19, 2021 | Big Government, Blogs, Economics, Regulations
When I did my final assessment of Trump’s economic record, I gave him credit for cutting red tape in some areas, but also noted that he increased government intervention in other areas. …there were some very positive moves on regulation, but they were partly...
