by Dan Mitchell | Jul 28, 2017 | Blogs, Economics, Free Market
In addition to his exemplary work as a Senior Fellow at the Cato Institute, Johan Norberg narrates some great videos for Free to Choose Media. Here are some that caught my eye. The foolish and counterproductive War on Drugs. A grim consequence of Cuban communism. The...
by Dan Mitchell | Jun 25, 2017 | Blogs, Economics, Europe
I periodically share data showing that living standards are higher in the United States than in Europe. My goal isn’t to be jingoistic. Instead, I’m warning readers that we won’t be as prosperous if we copy our tax-and-spend friends on the other side of the Atlantic...
by Dan Mitchell | Jun 15, 2017 | Blogs, Economics
I’ve written (many, many times) about how the best way to help the poor is to focus on economic growth rather than inequality. After all, in a genuine market economy (as opposed to socialism, cronyism, or some other form of statism), the poor aren’t poor because some...
by Dan Mitchell | May 20, 2017 | Blogs, Economics, Free Market
For almost all of human history, the norm for 99 percent of the population was poverty and deprivation. Then, starting a few hundred years ago, something amazing happened. There was a sudden explosion of prosperity. In past years, I’ve shared two videos explaining...
by Dan Mitchell | Mar 4, 2017 | Blogs, Economic Growth
As I peruse the news, I periodically see headlines that are misleading in some fashion. And if the headline is sufficiently off-key or bizarre, I feel compelled to grouse. A disappointingly inaccurate headline about the capital sinking into the sea. A grossly...