by Dan Mitchell | Jun 8, 2024 | Blogs, Trade
In 2019, the Center for Freedom and Prosperity released this video documenting the benefits of free trade. The case for free trade between nations is the same as the case for free trade between states. Or between cities. Or between households. Economists...
by Dan Mitchell | Jun 7, 2024 | Blogs, Monetary Policy
Economists say inflation is the result of bad monetary policy. The Biden White House, however, says inflation is caused by greedy companies. I debunk that nonsensical claim in this excerpt from a recent discussion on Let People Prosper. At the risk of...
by Dan Mitchell | Jun 6, 2024 | Big Government, Blogs
What’s the biggest problem with California? Anti-growth class-warfare tax policy? A bloated and inefficient public sector? Excessive red tape and regulation? Boondoggles like the “Train to Nowhere“? An anti-business economic climate? Bad policies...
by Dan Mitchell | Jun 5, 2024 | Blogs, Crime, Society
Like so many politicians from both parties, Joe Biden and his family have figured out how to personally profit from big government (one of the many reasons why Washington is a “wretched hive of scum and villainy“). Though I’ll be the first to admit...
by Dan Mitchell | Jun 4, 2024 | Big Government, Blogs, Taxation, Welfare and Entitlements
The main argument for smaller government – from an economic perspective – is that more resources are left in the productive sector of the economy and this leads to faster growth and higher living standards. This is a reason why the United...