by Dan Mitchell | May 28, 2019 | Big Government, Blogs, Europe, Taxation, Welfare and Entitlements
I periodically explain that a European-sized welfare state can only be financed by huge taxes on lower-income and middle-class taxpayers. Simply stated, there aren’t enough rich people to prop up big government. Moreover, at the risk of mixing my animal metaphors,...
by Dan Mitchell | Dec 12, 2018 | Blogs, Economics
What’s the world’s freest nation? I’ve suggested that Australia as an option if the United States ever suffers a Greek-style collapse, but my answer wasn’t based solely on that country’s level of freedom. Another option is to look at Economic Freedom of the World,...
by Dan Mitchell | Sep 27, 2018 | Blogs, Economics, Free Market
Since I’ve been writing a column every day since 2010, you can imagine that there are some days where that’s a challenge. But not today. The Fraser Institute has released a new edition of Economic Freedom of the World, which is like a bible for policy wonks. So just...
by Dan Mitchell | Jun 27, 2018 | Big Government, Blogs, Economics, Government Spending
There are many threats to prosperity, both in the short run and long run. A tit-for-tat global trade war that would repeat the mistakes of the 1930s. Punitive class-warfare taxes stifling investment and entrepreneurship. Financial bubbles fueled by the easy-money...
by Dan Mitchell | May 2, 2018 | Blogs, Europe
As an economist, I admire Switzerland for its sensible approach to issues such as spending restraint and taxation. As an observer of political systems, I admire Switzerland for its robust federalism. As a supporter of human rights, I admire Switzerland’s protection of...
