by Dan Mitchell | Dec 12, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Back in 2014, I shared a report that looked at the growth of redistribution spending in developed nations. That bad news in the story was that the welfare state was expanding at a rapid pace in the United States. The good news is that the overall fiscal burden of...
by Dan Mitchell | Sep 4, 2017 | Blogs, Economics, Free Market
In prior years, I’ve shared some videos with powerful messages with a common message. Grinding poverty used to be the normal human condition, but then rule of law and limited government enabled a dramatic increase in prosperity. A video from Marginal Revolution on 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...
