by Dan Mitchell | Sep 24, 2019 | Blogs, Economics, Trade
According to the most-recent edition of Economic Freedom of the World, Brazil is only ranked #120, which is lower than nations such as Greece, Haiti, and China. Brazil gets a horrible grade on regulation, and it’s also in the bottom half of all nations when looking...
by Dan Mitchell | Sep 8, 2019 | Blogs, Trade
At the risk of understatement, I’ve been rather critical of Trump’s protectionism. But not always. Last year, I praised him for floating the idea of zero taxes on trade between nations (even if I didn’t think he was serious). And I point out in this interview that he...
by Dan Mitchell | Aug 24, 2019 | Big Government, Blogs, Economics, Trade
Earlier this year, I identified Trump’s “worst ever tweet.” I was wrong. That tweet, which displayed an astounding level of economic ignorance, is now old news. Trump issued a tweet yesterday that is far worse because it combines bad economic theory with horrifying...
by Dan Mitchell | Aug 23, 2019 | Blogs, Economics, Taxation, Trade
I wrote two days ago about how the White House is contemplating ideas to boost the economy. This is somewhat worrisome since “stimulus” plans oftentimes are based on Keynesian economics, which has a terrible track record. But there are policies that could help growth...
by Dan Mitchell | Aug 21, 2019 | Blogs, Economics, Trade
I’m worried. There’s a lot of talk in Washington about Trump trying to goose the economy with either Keynesian monetary policy or Keynesian fiscal policy. It would be much better, as I discuss in this interview with Yahoo Finance, if Trump instead declared a ceasefire...