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...
by Dan Mitchell | Apr 14, 2020 | Blogs, States
I’m a big fan of federalism. After all, compared to what happens when Washington screws up, there’s a lot less damage if a state or city imposes a bad law. Moreover, it’s relatively easy to move across a border if a state or city is doing something foolish. Leaving...
