by Dan Mitchell | May 4, 2020 | Big Government, Blogs
I spoke last week about the “Economic Consequences of the Crisis” for a webinar organized by the Estonian Business School. My remarks focused on the severity of the downturn, the likelihood of a new fiscal crisis in Europe, and how to balance the costs and benefits of...
by Dan Mitchell | May 2, 2020 | Blogs, Taxation
What’s the most poorly governed city in the United States? San Francisco, where there are “poop patrols“? Chicago, which is spending itself into oblivion? New York City, home of America’s worst mayor? Those are all good options, but Seattle may deserve this award....
by Dan Mitchell | May 1, 2020 | Bailouts, Big Government, Blogs, States
A Supreme Court Justice pointed out in 1932 that “a state may, if its citizens choose, serve as a laboratory; and try novel social and economic experiments without risk to the rest of the country.” Well, we’ve had several experiments in higher taxes and higher...
by Dan Mitchell | Apr 29, 2020 | Bailouts, Big Government, Blogs
Since government officials have imposed severe restrictions on economic activity, I’m sympathetic to the notion that businesses should be compensated. But, as I warn in this CNBC interview, I have major concerns about big government and big business getting in bed...
by Dan Mitchell | Apr 28, 2020 | Big Government, Blogs, Economics
Like many supporters of individual liberty, I’m an anti-majoritarian. I don’t want my freedom to be at the mercy of 51 percent of the population. For all intents and purposes, I want the Supreme Court to protect the country from democracy. So, based solely on the...