by Dan Mitchell | Apr 20, 2020 | Blogs, Economics, Trade
Nine days ago, I wrote about Dana Milbank scoring an “own goal” because he claimed we needed bigger government to deal with coronavirus, yet all the nations he cited for their effective responses actually have a much smaller fiscal burden than the United States....
by Dan Mitchell | Apr 18, 2020 | Blogs, States
I’ve written that policy makers need to consider both the human toll of the coronavirus and the human toll of a depressed economy. I also discussed this tradeoff with Brian Nichols, beginning about seven minutes into this podcast. And, as you can see from this tweet,...
by Dan Mitchell | Apr 17, 2020 | Big Government, Blogs, Economics
Exactly one month ago, I wrote “A Primer on Price Gouging” to explain why government-mandated price controls are an unwise response when prices for certain goods climb after a disaster. Here’s a video from Johan Norberg on the topic. And here’s Professor Michael...
by Dan Mitchell | Apr 16, 2020 | Big Government, Blogs, Economics
An unfettered “price system” is a core feature of capitalism, as explained in videos from Marginal Revolution, Learn Liberty, and Russ Roberts. This video from Don Boudreaux is a great addition to that collection. What happens, though, when politicians interfere with...
by Dan Mitchell | Apr 15, 2020 | Blogs, Economics
I’ve shared plenty of jokes about how America is getting a trial run of life under socialism thanks to the coronavirus. But, as discussed in this interview, there are some very serious issues relating to economic policy during a pandemic. I started the interview by...
