by Dan Mitchell | Sep 23, 2023 | Big Government, Blogs, Welfare and Entitlements
Many nations face a slow-motion fiscal crisis because of demographics. To be more specific, politicians last century created welfare states and social-insurance systems that take money from workers in order to provide pensions and health care to old...
by Dan Mitchell | Jul 19, 2023 | Big Government, Blogs, Europe, Welfare and Entitlements
In Part I of this series, we learned from a report in the Wall Street Journal that the combined economies of the European Union have grown by only 6 percent over the past 15 years compared to 82 percent growth in the United States. That is stunning evidence...
by Dan Mitchell | Jul 15, 2023 | Blogs, Economics, Free Market
There is a recipe for achieving growth and prosperity and I used a grade-point-average analogy earlier this year to explain why it is important to get all the ingredients correct. Let’s look at some empirical data. I wrote back in March about the Heritage...
by Dan Mitchell | May 12, 2023 | Blogs, Trade
Free trade is good and protectionism is bad. Assuming one agrees with those common-sense observations, the Tholos Foundation’s just-released Trade Barriers Index is a great source of data about which countries are pro-trade and...
by Dan Mitchell | Apr 14, 2023 | Big Government, Blogs, Welfare and Entitlements
The big fiscal fight in Washington is whether the United States should become a European-style welfare state. In part, this is automatically happening because of demographic change and poorly designed entitlement programs. But there’s...
