by Dan Mitchell | Jul 29, 2024 | Blogs, Economics
Regulations can be theoretically justified. Proponents simply need to show that expected benefits will be greater than likely costs. That’s the good news. The bad news is that very few examples of red tape pass this simple test. The net result is that we...
by Dan Mitchell | Jul 28, 2024 | Big Government, Blogs
He’s only been in office since late last year, but President Javier Milei of Argentina is doing an amazing job, dramatically reducing inflation in a very short time. And he’s also significantly reduced the burden of government spending, leading to...
by Dan Mitchell | Jul 26, 2024 | Blogs, Economics, Free Market
For the final installment in this series (the first three parts can be viewed here, here, and here), let’s start with a video from Prager University. I like the video for the selfish reason that it matches my 2019 analysis. At the risk of over-simplification,...
by Dan Mitchell | Jul 25, 2024 | Blogs, Economics, Free Market
I wrote yesterday about an absurd example of media bias. A reporter for the New York Times authored a story about how people in the nation of Georgia supposedly miss communist enslavement. It was especially galling that the reporter repeatedly cited a radical Marxist,...
by Dan Mitchell | Jul 24, 2024 | Blogs, Economics, Socialism, Uncategorized
As part of my 100-tragic-years-of-communism series in 2017, I wrote a column about dupes and apologists for Soviet tyranny, as well as a column mocking economists who thought communism was producing good results. The worst part of...
