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...
by Dan Mitchell | Mar 18, 2021 | Big Government, Blogs, Welfare and Entitlements
Here are four things to understand about poverty and dependency. Throughout most of human history, harsh material deprivation was the norm for the vast majority of people.The development of free enterprise and economic liberty led to dramatic...
by Dan Mitchell | Feb 13, 2021 | Blogs, Economics
My series on poverty and inequality (see here, here, and here) focuses on why we should try to help the poor rather than hurt the rich. We’ll continue with that theme in Part IV, which begins with this video by Russ Roberts of Stanford University’s...
