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The Big Takeaway from a Look at Comparative Living Standards

The Big Takeaway from a Look at Comparative Living Standards

by Dan Mitchell | Sep 26, 2021 | Big Government, Blogs, Welfare and Entitlements

A very persuasive argument against Biden’s fiscal agenda is that it makes no sense to copy the fiscal policies of European welfare states. Indeed, I routinely share this column from January, which looks at three different measures of comparative...
U.S. vs. China: You Don’t Beat Cronyism with Cronyism

U.S. vs. China: You Don’t Beat Cronyism with Cronyism

by Dan Mitchell | Aug 1, 2021 | Blogs, Economics

China is not going to surpass the United States as the world’s dominant economy. As I first wrote back in 2010, China is a paper tiger. Yes, there was some pro-market reform last century, which helped reduce mass poverty, but China only took...
Is the United States Defined by 1619 or 1776?

Is the United States Defined by 1619 or 1776?

by Dan Mitchell | Jul 4, 2021 | Blogs, Society

Since this is America’s Independence Day, I’m going to continue my tradition (see 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, and 2020) of authoring a July 4-themed column. What will make this year...
The Big Takeaway from a Look at Comparative Living Standards

Comparing Prosperity: The United States vs. Europe

by Dan Mitchell | Mar 8, 2021 | Big Government, Blogs, Economics

I periodically write about the importance of long-run growth and about the importance of convergence (whether poorer countries are catching up with richer countries, as suggested by theory). This is because such data, especially over decades,...
The Big Takeaway from a Look at Comparative Living Standards

Compared to the United States, Does Europe Have a “Better” Distribution of Income?

by Dan Mitchell | Jan 12, 2021 | Blogs, Economics

As illustrated by my recent three-part series (here, here, and here), I care about helping the poor rather then hurting the rich. More broadly, I want a bigger economic pie so that everyone can have a larger slice. And I don’t particularly care if some people get...
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