by Dan Mitchell | Jun 28, 2023 | Big Government, Blogs, Economics, Regulations
As Frederic Bastiat sagely observed nearly 200 years ago, a good economist considers the indirect or secondary effects of any action. For instance, a politician might claim we can double tax revenue by doubling tax rates, but a sensible...
by Dan Mitchell | Jun 27, 2023 | Blogs, Europe
Earlier this month, I mocked CNN for a nonsensical tweet about inflation. The network said there was no consensus about the cause of inflation even though it is glaringly obvious that the Federal Reserve’s bad monetary...
by Dan Mitchell | Jun 26, 2023 | Blogs, Free Market
I first started complaining about bad economic policy in Ukraine nearly 10 years ago. But since I routinely criticize bad policy around the world, that was not special (and since politicians at home and abroad generally ignore my advice, it...
by Dan Mitchell | Jun 25, 2023 | Blogs, Economics
For a long time, the United States was ranked as having the world’s most competitive economy, according to the Swiss-based IMD World Competitiveness Center. But we fell behind Singapore and Hong Kong in 2010. But at least the U.S. stayed in the top...
by Dan Mitchell | Jun 24, 2023 | Big Government, Blogs, Taxation
Libertarians often make the claim that taxation is a form of robbery, and some of them (especially the anarcho-capitalists) even assert that it is a form of slavery. Since I’m an economist, I stick to less flamboyant arguments about the adverse...
