by Dan Mitchell | Nov 15, 2021 | Blogs, Economics, Free Market
Back in May, as part of a discussion about the tradeoff between free markets (efficiency) and redistribution (equity), I put together a chart to show how poor people are better off in the long run if policy makers focus on the former rather than...
by Dan Mitchell | Sep 22, 2021 | Blogs, Economics, Free Market
Writing last week about the new edition of Economic Freedom of the World, I largely focused on the jurisdictions that got high scores (Hong Kong, Singapore, and New Zealand) and countries that got low scores (Venezuela in last place, of...
by Dan Mitchell | Sep 21, 2021 | Blogs, Economics
Our friends on the left believe (or at least claim to believe) that the United States is an unfair nation because the rich get richer and the poor get poorer. More specifically, they assert that the economy is a fixed pie and that when people like Bill Gates...
by Dan Mitchell | Sep 16, 2020 | Blogs, Economics, Keynesian
Regular readers know that I give Trump mixed grades on economic policy. He gets good marks on issues such as taxes and regulation, but bad marks in other areas, most notably spending and trade. Which is why I’ve sometimes asserted that there has been only a small...
by Dan Mitchell | Aug 17, 2020 | Blogs, Economics
In 2018, I shared a video from Professor Russ Roberts (a.k.a., @econtalker) on the economic status of the middle class, followed by a video last year on whether the rich are the only ones earning more income. Today, we’ll look at his video on household income and...
