by Dan Mitchell | Jul 17, 2024 | Blogs, Economics
I wrote yesterday that I’m in China this week, teaching at Northeastern University in Shenyang. This gives me a good excuse to write a series of columns about Chinese economic policy. Our first entry was about demographics, which is a challenge in China (as well as...
by Dan Mitchell | May 1, 2024 | Blogs, Economics
Genuine material deprivation is almost nonexistent in rich nations such as the United States. This is a huge improvement compared to how people lived just 100 or 20o years ago. Yet public policy fights about poverty will probably never end for the...
by Dan Mitchell | Apr 13, 2024 | Big Government, Blogs, Welfare and Entitlements
As part of my everything-you-need-to-know series, I shared an incomprehensible flowchart showing the ridiculous maze of federal welfare programs back in 2015. Today, let’s look at another visual that captures what’s wrong with the Washington welfare...
by Dan Mitchell | Mar 18, 2024 | Big Government, Blogs, Government Spending, Welfare and Entitlements
If I want to education someone about the harmful impact of America’s counterproductive welfare state, there are several items I like to share. A complex and crowded flowchart of various Washington programs to redistribute money. A chart...
by Dan Mitchell | Jan 14, 2024 | Big Government, Blogs, Welfare and Entitlements
In Part I of this series, I explained that the War on Poverty, launched by Lyndon Johnson and expanded by other profligate presidents, has been bad news for both taxpayers and poor people. More specifically, I shared some academic research showing how it led to a big...
