by Dan Mitchell | Dec 1, 2011 | Blogs, Economics, Free Market
I’m glad that China has taken some steps away from communism. According to Economic Freedom of the World, China was one of 10-worst nations for economic liberty back in 1980 and they’ve since climbed to 92nd place out of 141 nations. I’ve even offered a small bit of...
by Dan Mitchell | Nov 28, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Most people have a vague understanding that America has a huge long-run fiscal problem. They’re right, though they probably don’t realize the seriousness of that looming crisis. Here’s what you need to know: America’s fiscal crisis is actually a spending crisis, and...
by Dan Mitchell | Nov 16, 2011 | Big Government, Blogs, Welfare and Entitlements
Appearances can be deceiving. I saw an article with a blaring headline that warmed my heart: “France’s Sarkozy Eyes Welfare Rethink, Fraud Clampdown.” Could it be, I thought, that the political elite finally realized that the welfare state was the wrong model? Had...
by Dan Mitchell | Nov 8, 2011 | Big Government, Blogs, Free Market
I’ve always been proud of my Irish heritage, but now I’m having to reconsider. As is so often the case when something goes awry, the blame belongs to a politician (this Craig Ferguson joke is right on the mark). Michael Higgins, the President-Elect of Ireland, has...
by Dan Mitchell | Nov 8, 2011 | Big Government, Blogs, Welfare and Entitlements
I’ve previously posted about the communist government of Cuba cutting taxes and the CEO of Coca-Cola saying that communist China has a more business-friendly climate than the United States. Having grown up during the Cold War, I still have a hard time believing my...
