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America’s Diminishing Economic Liberty

America’s Diminishing Economic Liberty

by Dan Mitchell | Feb 15, 2017 | Blogs, Economics, Free Market

The Index of Economic Freedom is my favorite annual publication from the Heritage Foundation. It’s a rich source of information, using dozens of data sources, about economic liberty around the world. I first wrote about the Index back in 2010 and shared the bad news...
The United States Has the Third-Most Competitive Economy, but Could Be #1 if Government Was Smaller and Less Expensive

The United States Has the Third-Most Competitive Economy, but Could Be #1 if Government Was Smaller and Less Expensive

by Dan Mitchell | Oct 11, 2016 | Blogs, Economics

Let’s set aside the distasteful world of politics and contemplate U.S. competitiveness. Specifically, let’s examine America’s position in the latest edition of the World Economic Forum’s Global Competitiveness Report. This Report is partly a measure of policy (sort of...
Happy Dependence Day for my Leftist Friends and Happy Independence Day for Normal People

Happy Dependence Day for my Leftist Friends and Happy Independence Day for Normal People

by Dan Mitchell | Jul 4, 2016 | Big Government, Blogs, Regulations

Exactly five years, I created a Declaration of Dependence for my statist readers. It was supposed to be satire, but after looking at some new estimates of dependency, I now wonder whether I accidentally foretold America’s future. Anyhow, here’s how my attempt to be...
In the Debate over Capitalism and the Poor, the Score Is: Thomas Sowell 1 – Pope Francis 0

In the Debate over Capitalism and the Poor, the Score Is: Thomas Sowell 1 – Pope Francis 0

by Dan Mitchell | Sep 24, 2015 | Big Government, Blogs, Economics

Two days ago, I contrasted the views of Pope Francis and Walter Williams about capitalism and morality. I explained that Walter had the upper hand because free markets are a positive-sum game based on voluntary exchange while redistribution (at best) is a zero-sum...
America’s Unfortunate Loss of Economic Liberty in the 21st Century

America’s Unfortunate Loss of Economic Liberty in the 21st Century

by Dan Mitchell | Sep 16, 2015 | Blogs, Economics, Free Market

Last month, I cited data from Economic Freedom of the World to explain that the United States was becoming less competitive because of creeping protectionism and reductions in the rule of law and property rights. Now I have more bad news to share. Last year, the...
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