by Dan Mitchell | Aug 5, 2024 | Blogs, Economics, Free Market
The recipe for economic growth is not complicated. You can put it in very simple terms, as Adam Smith did a few hundred years ago. Or you can develop and utilize data-heavy indexes like the ones published by the Fraser...
by Dan Mitchell | Aug 3, 2022 | Blogs, Economics, Taxation
The capital gains tax is double taxation, and that’s a bad idea (assuming the goal is faster growth and higher wages). Let’s consider how it discourages investment. People earn money, pay tax on that money, and then need to...
by Dan Mitchell | Jun 11, 2022 | Blogs
I’m currently in Tanzania as part of a speaking tour in Africa. My remarks today largely repeated the message I gave to an audience last week in Nigeria. So I won’t bother sharing anything from my presentation. Instead, I want to highlight some numbers from...
by Dan Mitchell | Sep 5, 2020 | Blogs, Economics, Free Market
Traditional economics, specifically convergence theory, tells us that poor nations should grow faster than rich nations. I’m more interested, however, in why convergence often doesn’t happen, or only partially happens. And I’m extremely interested in why we often...
by Dan Mitchell | Jan 12, 2019 | Blogs, Economics
When I give speeches on the importance of public policy, I frequently share data showing that pro-market nations are relatively prosperous when compared to countries with statist policies. One of the most dramatic examples is South Korean prosperity versus North...
