by Dan Mitchell | Aug 28, 2019 | Blogs, Economics
A few days ago, I observed in a television interview that economists are lousy forecasters. This was not a new revelation. Back in early 2010, I shared a graph that succinctly illustrated why economists shouldn’t be trusted when they make economic forecasts (later...
by Dan Mitchell | Aug 27, 2019 | Blogs, Economics, Europe
My primary job is dealing with misguided public policy in the United States. I spend much of my time either trying to undo bad policies with good reform (flat tax, spending restraint, regulatory easing, trade liberalization) or fighting off additional bad...
by Dan Mitchell | Aug 26, 2019 | Blogs, Uncategorized
I’m getting worried that Senator Bernie Sanders is fading in the polls. That doesn’t make me happy. I want Crazy Bernie to stay relevant. Why? Because he’s an endless source of clever satire. Previous editions of Bernie humor can be found here and here. For today’s...
by Dan Mitchell | Aug 25, 2019 | Big Government, Blogs, Regulations
When I wrote last month about the Green New Deal, I warned that it was cronyism on steroids. Simply stated, the proposal gives politicians massive new powers to intervene and this would be a recipe for staggering levels of Solyndra-style corruption. Well, the World...
by Dan Mitchell | Aug 24, 2019 | Big Government, Blogs, Economics, Trade
Earlier this year, I identified Trump’s “worst ever tweet.” I was wrong. That tweet, which displayed an astounding level of economic ignorance, is now old news. Trump issued a tweet yesterday that is far worse because it combines bad economic theory with horrifying...
