by Dan Mitchell | Apr 25, 2026 | Blogs, Economics
To follow up on Part I and Part II in this series, let’s start with this Stossel video featuring Professor Don Boudreaux of George Mason University. The message is simple and accurate. Starting nearly 100 years ago, we got terrible statist...
by Dan Mitchell | Nov 19, 2024 | Big Government, Blogs, Economics
With regards to economic policy, Herbert Hoover and Franklin Roosevelt were two peas in a pod. They both responded to an economic downturn by dramatically expanding the size and scope of government. As a result of those mistakes, they...
by Dan Mitchell | Aug 27, 2024 | Blogs, Economics
I periodically write wonky columns explaining that gross domestic income (GDI) is a better measure than gross domestic product (GDP) because it is more useful to focus on how income is earned rather than how it is allocated. There’s not a...
by Dan Mitchell | Jan 2, 2024 | Blogs, Economics, Education
I have a multi-part series on why people shouldn’t trust economists (see here, here, here, here, and here). I even wrote a tongue-in-cheek column asking whether economists were “Useless, Despicable, and Loathsome People.” That being...
by Dan Mitchell | Oct 16, 2023 | Big Government, Blogs
Because of pervasive statism by both Herbert Hoover and Franklin Roosevelt, the 1930s were the worst decade in American economic history. No economic growthHigh unemploymentConfiscatory tax ratesGrowth of governmentFederal Reserve...