by Dan Mitchell | May 5, 2019 | Blogs
I wish my leftist friends understood the Laffer Curve. I also wish they understood the downsides of artificially low interest rates. And the Rahn Curve. And comparative advantage. But perhaps more than anything else, I wish they understood that poor people aren’t poor...
by Dan Mitchell | Jan 11, 2019 | Blogs, Economics
Today is my last day in Chile, so today’s column will build upon what I wrote last week. I have three charts that illustrate how Chile’s pro-market reforms have been great news – especially for poor people (or, to be more accurate, for Chileans who used to be poor)....
by Dan Mitchell | Jan 5, 2019 | Blogs, Economics, Free Market
I’m currently in Chile, enjoying the warm sun and doing research on the nation’s impressive economic performance. I met yesterday with Jose Pinera, the former minister who created Chile’s incredibly successful system of personal retirement accounts (he’s also one of...
by Dan Mitchell | Nov 20, 2018 | Blogs, Economic Growth, Economics
I generally don’t write much about the distribution of income (most-recent example from 2017), largely because that feeds into the false notion that the economy is a fixed pie and that politicians should have the power to re-slice if they think incomes aren’t...
by Dan Mitchell | Oct 29, 2017 | Blogs, Economics, Free Market
I fully agree with my leftist friends who say that corporations want to extract every penny they can from consumers. I also (mostly) agree with them when they say corporations are soulless entities that don’t care about people. But after they’re done venting, I then...