by Dan Mitchell | Sep 16, 2020 | Blogs, Economics, Keynesian
Regular readers know that I give Trump mixed grades on economic policy. He gets good marks on issues such as taxes and regulation, but bad marks in other areas, most notably spending and trade. Which is why I’ve sometimes asserted that there has been only a small...
by Dan Mitchell | Sep 15, 2020 | Blogs, Economics, Socialism
Back in 2017, I shared this video explaining why capitalism is unquestionably the best way to help poor people. I’m recycling the video today because it’s a great introduction for a discussion about how best to help poor people. As part of my Eighth Theorem of...
by Dan Mitchell | Sep 14, 2020 | Blogs, Economics
The latest edition of Economic Freedom of the World has been released by the Fraser Institute. The good news is that the United States is in the top 10 (we dropped as low as #18 during Obama’s first term). The bad news is that Australia jumped in front of the United...
by Dan Mitchell | Sep 13, 2020 | Blogs, Economics, Socialism
During the Obama years, I frequently criticized the Administration’s bad policy choices. On a wide range of issues. But I also expressed disappointment when President Obama arbitrarily and unilaterally decided to override or overlook laws that were inconvenient to his...
by Dan Mitchell | Sep 12, 2020 | Big Government, Blogs
Politicians often support “industrial policy,” which means they get to grant special favors to well-connected companies or industries. But as explained by Professor Burton Folsom, this approach didn’t work very will in the 1800s. It’s not surprising, of course, that...
