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...
by Dan Mitchell | Mar 26, 2023 | Blogs, Economics, Europe
The United States has a medium-sized welfare state and nations in Western Europe have large-sized welfare states. Which approach is better (or, to be more accurate, less worse)? To answer that question, you want to compare living standards. And...
by Dan Mitchell | Feb 6, 2023 | Big Government, Blogs, Europe
My biggest economic concern is that the United States, because of population aging and poorly designed entitlement programs, is slowly but surely going to become a European-style welfare state. To help convince people that this is a bad outcome, I...
