by Dan Mitchell | Feb 10, 2019 | Blogs, Economics, Free Market
International development experts often write about a “middle-income trap.” According to this theory, it’s not that challenging for nations to climb out of poverty, but it’s difficult for them to take the next step and become rich countries. The theory makes sense to...
by Dan Mitchell | Dec 12, 2018 | Blogs, Economics
What’s the world’s freest nation? I’ve suggested that Australia as an option if the United States ever suffers a Greek-style collapse, but my answer wasn’t based solely on that country’s level of freedom. Another option is to look at Economic Freedom of the World,...
by Dan Mitchell | Sep 27, 2018 | Blogs, Economics, Free Market
Since I’ve been writing a column every day since 2010, you can imagine that there are some days where that’s a challenge. But not today. The Fraser Institute has released a new edition of Economic Freedom of the World, which is like a bible for policy wonks. So just...
by Dan Mitchell | Sep 19, 2018 | Blogs, Economics, Trade
When President Trump proposed zero trade barriers among major economies, I applauded. Government-imposed barriers to commerce hurt prosperity, whether those restrictions hinder voluntary exchange inside a country or across national borders. There’s a debate over...
by Dan Mitchell | Aug 2, 2017 | Big Government, Blogs, Taxation
The internal revenue code is a reprehensible mess that torments taxpayers and undermines American competitiveness. The good news is that Americans don’t like the tax system. The bad news is that they don’t dislike it nearly as much as they should. At least in my...
