by Dan Mitchell | Apr 2, 2020 | Bailouts, Blogs
Most economic downturns are caused by misguided government policy, which leads to predictable battles over how to address the fallout as well as battles over how to avoid the same mistakes in the future. Today’s crisis is different. It’s more akin to a natural...
by Dan Mitchell | Apr 1, 2020 | Big Government, Blogs, Economics, States, Taxation
The crowd in Washington has responded to the coronavirus crisis with an orgy of borrowing and spending. The good news is that the legislation isn’t based on the failed notion of Keynesian economics (i.e., the belief that you get more prosperity when the government...
by Dan Mitchell | Mar 31, 2020 | Big Government, Blogs
About three weeks ago, when the coronavirus crisis was becoming a big deal, I explained the libertarian viewpoint. Governments should focus on protecting life, liberty, and property. That includes fighting pandemics. A big sprawling federal government will be less...
by Dan Mitchell | Mar 30, 2020 | Big Government, Blogs, Health Care
I wrote about “Coronavirus and Big Government” on March 22 and then followed up on March 27 with “Coronavirus and Big Government, Part II.” Now it’s time for the third installment, and we’ll start with this hard-hitting video from Reason, which shows how red tape has...
by Dan Mitchell | Mar 28, 2020 | Big Government, Blogs, Europe
Motivated in part by a sensible desire for free trade, six nations from Western Europe signed the Treaty of Rome in 1957, thus creating the European Economic Community (EEC). Sort of a European version of the North American Free Trade Agreement (now known as USMCA)....
