by Dan Mitchell | Mar 30, 2015 | Blogs, Economics, Free Market
There’s a “convergence” theory in economics that suggests, over time, that “poor nations should catch up with rich nations.” But in the real world, that seems to be the exception rather than the rule. There’s an interesting and informative article at the St. Louis...
by CF&P | Dec 2, 2014 | News, Prosperity Updates
Tax Competition News Continental Drift: OECD’s Imported Fiscal Policies for America This National Taxpayers Union Foundation Policy Paper evaluates the OECD’s recommendations in its latest Economic Survey of the United States, putting the total cost of its...
by Dan Mitchell | Nov 27, 2014 | Big Government, Blogs, Economics, Free Market
Early this year, I shared an amusing but accurate image that showed an important difference between capitalism and socialism. And in 2012, I posted a comparison of Detroit and Hiroshima to illustrate the damage of big government. Well, if you combine those concepts,...
by Dan Mitchell | Oct 15, 2014 | Big Government, Blogs, Economics, Free Market, Government Spending
I’ve had ample reason to praise Hong Kong’s economic policy. Most recently, it was ranked (once again) as the world’s freest economy. And I’ve shown that this makes a difference by comparing Hong Kong’s economic performance to the comparatively lackluster (or weak)...
by Dan Mitchell | Sep 2, 2014 | Big Government, Blogs, Economic Growth, Welfare and Entitlements
I very rarely feel sorry for statists. After all, these are the people who think that their feelings of envy and inadequacy justify bigger and more coercive government. And I get especially irked when I think about how their authoritarian policies will hurt the most...
