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What Can Hong Kong and Cuba Teach Us about Economic Policy?

by Dan Mitchell | Nov 27, 2014 | Big Government, Blogs, Economics, Free Market

Early this year, I shared an amusing but accurate image that showed an important difference between capitalism and socialism. And in 2012, I posted a comparison of Detroit and Hiroshima to illustrate the damage of big government. Well, if you combine those concepts,...

Social Capital, Culture, Markets, and Institutions

by Dan Mitchell | Nov 19, 2014 | Blogs, Economics, Free Market

When I wrote last week about “social capital” as a key determinant of long-run prosperity, I didn’t realize I would generate a lot of feedback. Including several requests for more information. Which creates a small problem since the field is so large that it’s...
Obama’s Legacy: Statist, European-Style Policies Lead to Anemic, European-Style Economic Performance

Obama’s Legacy: Statist, European-Style Policies Lead to Anemic, European-Style Economic Performance

by Dan Mitchell | Nov 12, 2014 | Big Government, Blogs, Economics, Free Market

Some of my left-wing friends have groused that Democrats didn’t do well in the mid-term elections because they failed to highlight America’s strong economic performance. I’m tempted to ask “what strong economic performance?!?” After all, median household income...
America’s Superior Social Capital

America’s Superior Social Capital

by Dan Mitchell | Nov 9, 2014 | Big Government, Blogs, Society

When discussing how to boost growth, economists often discuss the importance of human capital and physical capital. Those are key factors driving economic performance. After all, improvements in human capital mean a more productive workforce. And improvements in...

Another Edition of “I Can’t Believe Hillary Clinton Actually Said That”

by Dan Mitchell | Oct 28, 2014 | Big Government, Blogs, Economics

I wouldn’t be too upset about Hillary Clinton winning the White House in 2016, but only if I somehow could be assured that we would get the kind of policies we got when her husband was President. After all, economic freedom increased during the 1990s, largely...
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