by Dan Mitchell | Mar 17, 2020 | Blogs, Economics, Free Market
After Hitler’s National Socialists were defeated in World War II, the allies imposed price controls on the German economy for the ostensible purposes of fighting inflation and preventing “price gouging.” That policy led to massive shortages, black markets, and...
by Dan Mitchell | Mar 16, 2020 | Blogs, Health Care
I wrote last week about the libertarian response to the coronavirus crisis and made four simple points. Governments should focus on protecting life, liberty, and property. That includes fighting pandemics. A big sprawling federal government will be less capable and...
by Dan Mitchell | Mar 15, 2020 | Blogs, Europe, Health Care
I wrote recently how government regulation and bureaucratic inefficiency are hindering an effective response to coronavirus in the United States. And I also wrote yesterday about one foolish response from Washington to the crisis. But what about developments in other...
by Dan Mitchell | Mar 14, 2020 | Blogs, Health Care
Back in 2008, the soon-to-be Chief of Staff for President Obama infamously stated that, “You never want a serious crisis to go to waste.” Sure enough, the Obama Administration – elected in the aftermath of the financial crisis – quickly rammed through a so-called...
by Dan Mitchell | Mar 13, 2020 | Big Government, Blogs
Ten days ago, I shared an interview in which I pointed out that President George W. Bush acquiesced to a flawed narrative about the 2008 financial crisis. Bush and his team basically accepted the assertion of interventionists that it was the fault of “Wall Street...
