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...
by Dan Mitchell | Dec 29, 2016 | Blogs, Economics
If there was an award for the most dramatic political development of 2016, it would presumably be the election of Donald Trump. If there was an award for the best policy reform of 2016, my vote would be the constitutional spending cap in Brazil. If there was an award...
by Dan Mitchell | Sep 22, 2016 | Big Government, Blogs, Welfare and Entitlements
Because of my disdain for the two statists that were nominated by the Republicans and Democrats, I’m trying to ignore the election. But every so often, something gets said or written that cries out for analysis. Today is one of those days. Hillary Clinton has an...