by Dan Mitchell | May 11, 2022 | Blogs, States
Federalism is very desirable because it allows different parts of the country to make different decisions, and this helps to teach us about what works. And what doesn’t. It also means Americans can “vote with their feet” by migrating across local...
by Dan Mitchell | May 10, 2022 | Blogs, Free Market
Even though foreign aid is not an effective way of promoting prosperity, Ukraine’s government almost surely will be showered with money when the war is over. To make these handouts helpful rather than harmful, aid should be conditional. These remarks are from the...
by Dan Mitchell | May 9, 2022 | Big Government, Blogs, Bureaucracy, Government Waste
Compared to international bureaucracies such as the IMF and OECD, the United Nations has very little power to impose bad policy. But that does not mean it should be immune from criticism. There’s an anti-market ideology at the UN and I have specifically...
by Dan Mitchell | May 8, 2022 | Big Government, Blogs, Government Spending
After almost 16 months in office, what is President Biden’s track record on fiscal policy? The good news is that his big tax-and-spend plan to “build back better” has not been approved by Congress (and fingers crossed that it stays that way)....
by Dan Mitchell | May 7, 2022 | Blogs, Monetary Policy
Back in 2015, I explained to Neil Cavuto that easy money creates the conditions for a boom-bust cycle. It’s now 2022 and my argument is even more relevant. That’s because the Federal Reserve panicked at the start of the pandemic and dumped a massive amount of...
