by Dan Mitchell | May 10, 2016 | Blogs, Economics, Free Market
According to Economic Freedom of the World, there are five major factors that determine a nation’s economic performance. Here’s the recipe for growth and prosperity. Rule of law and property rights. Small government. Stable monetary policy. Reasonable regulatory...
by Dan Mitchell | Apr 22, 2016 | Big Government, Blogs, Economics, Regulations
If you look at the methodology behind the major measures of economic liberty, such as Economic Freedom of the World and Index of Economic Freedom, you’ll notice that each nation’s regulatory burden is just as important as the overall fiscal burden. Yet there doesn’t...
by Dan Mitchell | Apr 1, 2016 | Big Government, Blogs, Economics, Socialism
The debate over socialism shouldn’t even exist. Everywhere big government has been tried, it has failed. And we have reams of evidence that free-market economies dramatically out-perform statist economies. Yet the siren song of socialism still appeals to a subsection...
by Dan Mitchell | Jan 20, 2016 | Big Government, Blogs, Government Spending
When I wrote back in 2012 that France was committing fiscal suicide, I should have guessed that President Hollande would get impatient and push for even more statism. Sure enough, the BBC reports that France’s President has a new plan. The ostensible goal is to reduce...
by Dan Mitchell | Jan 6, 2016 | Blogs, Flat Tax, Taxation
When I compared the tax reform proposals of various 2016 presidential candidates last month, Ben Carson got the best grade by a slight margin. But I’ve now decided to boost his overall grade from a B+ to A-, or perhaps even A, because he’s finally released details and...
