by Dan Mitchell | May 24, 2022 | Big Government, Blogs, Europe, Monetary Policy, Welfare and Entitlements
Earlier this year, I pointed out that President Biden should not be blamed for rising prices. There has been inflation, of course, but the Federal Reserve deserves the blame. More specifically, America’s central bank responded to the coronavirus...
by Dan Mitchell | May 23, 2022 | Blogs, Taxation
Trump had some economically illiterate tweets about trade during his presidency, including the infamous one about being “Tariff Man.” I think Joe Biden must be feeling envious that Trump got so much attention, so he has issued a tweet showing that...
by Dan Mitchell | May 22, 2022 | Blogs, Education
For years, I’ve been explaining that students have been hurt rather than helped by government programs to allegedly make higher education more affordable. How can this be true? For the simple reason that colleges and universities dramatically boosted tuition...
by Dan Mitchell | May 21, 2022 | Blogs, Trade
I’m a knee-jerk supporter of free trade, which simply means I don’t think politicians and bureaucrats should be able to interfere with my freedom to buy good and services from people who happen to live in other nations. But my support for free trade is not just...
by Dan Mitchell | May 20, 2022 | Big Government, Blogs, Government Waste
Government spending, almost by definition, is wasteful. But it’s worth distinguishing between two types of waste. Money that is spent properly but inefficiently.Money that is diverted by crooks and scammers. Today, we’re going to focus on the...