by Dan Mitchell | May 4, 2021 | Big Government, Blogs
There are all sorts of long-running battles in the economics profession, perhaps most notably the never-ending dispute about Keynesian economics. Another contentious issues is the degree to which society should accept less growth in order to achieve...
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 | Mar 10, 2021 | Big Government, Blogs, Welfare and Entitlements
Two days ago, I shared data showing that people in the big nations of Western Europe only have about 75 cents of income for every $1 that Americans earn. That’s a remarkable gap, and it’s getting larger rather than smaller, even though theory...
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...
by Dan Mitchell | Feb 5, 2021 | Blogs, Economics
My late friend Walter Williams was a first-rate economist, an important public intellectual, and a truly great American. He also was an amazing communicator, with an unparalleled ability to make important points in a succinct and easy-to-understand manner....
