by Dan Mitchell | Apr 9, 2024 | Blogs, Economics, Keynesian, Monetary Policy
To explain why the “war on cash” is misguided, I have a seven-part series (here, here, here, here, here, here, and here) explaining why it is dangerous to eliminate currency and rely solely on government-provided digital money. Using the...
by Dan Mitchell | Apr 8, 2024 | Big Government, Blogs, Government Spending
Canada has (or had) some very sensible policies involving school choice, welfare reform, corporate tax reform, bank bailouts, regulatory budgeting, spending restraint, the tax treatment of saving, and privatization of...
by Dan Mitchell | Apr 6, 2024 | Blogs, Economics, Free Market
I wrote about Botswana yesterday, but focused on the narrow issue of how some of that nation’s leaders dunked on virtue-signaling politicians in Germany and the United Kingdom. But I did share a chart about how Botswana has out-performed other African...
by Dan Mitchell | Apr 5, 2024 | Big Government, Blogs
When I write a “Great Moments” column, that’s always been a sign that some government is going to be subject to mockery. For today’s column, though, I’m going to break with that pattern. That’s because I’m writing about the success story of Botswana, a country in...
by Dan Mitchell | Apr 4, 2024 | Big Government, Blogs, Economics, Regulations
Sensible regulation requires cost-benefit analysis. In other words, do the positive effects of a government intervention outweigh the negative effects? For instance, a nationwide, 5-miles-per-hour speed limit definitely would reduce traffic fatalities,...