by Dan Mitchell | Dec 31, 2016 | Uncategorized
There was some genuinely good news in 2016, which is more than I can say for 2015 (my “best” development for that year was some polling data, followed by some small-ball tinkering). Though the good news for 2016 was mostly overseas. Here are the four things from...
by Dan Mitchell | Sep 19, 2016 | Blogs, Economics, Taxation
I’m not a fan of the International Monetary Fund. The bureaucracy was created in 1944 to manage and coordinate the system of fixed exchange rates created as part of the 1944 Bretton Woods agreement. But once fixed exchange rates disappeared, the over-funded...
by Dan Mitchell | Mar 19, 2016 | Blogs, Free Market
John Cowperthwaite deserves a lot of credit for Hong Kong’s prosperity. As a British appointee, he took a hands-off policy and allowed the colony’s economy to thrive. He didn’t even want the government to collect statistics since that would give interventionists data...
by Dan Mitchell | Aug 25, 2015 | Big Government, Blogs, Economics, Regulations
This century has not been good news for economic liberty in the United States. According to Economic Freedom of the World, America has dropped from being the 3rd-freest economy of the world in 2001 to the 12th-freest economy in themost recent rankings. Perhaps more...
by Dan Mitchell | Apr 11, 2015 | Blogs, Economics, Free Market
Free trade is a good moral concept for the simple reason that politicians and bureaucrats should not be allowed to interfere with voluntary transactions between consenting adults. It’s also a good economic concept for the simple reason that protectionists can’t...