by Dan Mitchell | Dec 9, 2021 | Blogs, Society
I have a four-part series (here, here, here, and here) that explains why it’s much better to focus on fighting poverty rather than fretting about inequality. I also think that our friends on the left who fixate on inequality are...
by Dan Mitchell | Nov 3, 2021 | Blogs, Free Market, Trade
I’ve shared several videos (here, here, here, and here) that use rigorous data to show that grinding poverty and severe material deprivation was the norm for humanity – until capitalism gained a foothold a few hundred years ago. Fortunately, as free...
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 20, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements
Ten days ago, I shared some data and evidence illustrating how redistribution programs result in high implicit tax rates and thus discourage low-income people from climbing the economic ladder. Simply stated, why work harder or work more when an additional...
by Dan Mitchell | May 17, 2021 | Blogs, Free Market
Why do folks on the left support punitive policies such as high tax rates and a bigger burden of government? Some of them are motivated by resentment against those who have achieved success. These are the people who support the...