by Dan Mitchell | Dec 31, 2018 | Big Government, Blogs, Government Spending, Trade
One of my annual traditions is to share the “best and worst news” for each year. I started in 2013, and continued in 2014, 2015, 2016, and 2017. Looking back, 2016 clearly was the best year, though entirely because of things that happened overseas (the Brits vote for...
by Dan Mitchell | Dec 30, 2018 | Blogs, Economics, Taxation, Trade
I periodically try to remind people that you can’t explain or understand economic performance by looking at just one policy. I’ve argued, for instance, good tax policy isn’t a panacea if there are many other policies that expand the burden of government. Likewise, bad...
by Dan Mitchell | Dec 29, 2018 | Blogs, Free Market, Trade
President Trump’s view of global trade is so bizarre, risky, uninformed, misguided, and self-destructive that I periodically try to maintain my sanity by reviewing the wisdom of one of America’s greatest presidents. Ronald Reagan’s remarks in 1985 about the...
by Dan Mitchell | Dec 28, 2018 | Big Government, Blogs, Economics, Government Spending
In this interview yesterday, I noted that there are “external” risks to the economy, most notably the spillover effect of a potential economic implosion in China or a fiscal crisis in Italy. But many of the risks are homegrown, such as Trump’s self-destructive...
by Dan Mitchell | Dec 27, 2018 | Blogs
Back in 2014, I wrote a feel-good story from Ferguson, Missouri, about how armed black men protected a white-owned store during riots that wreaked havoc in the city. Sarah Silverman surely wouldn’t approve, but I thought it was a heartwarming combination of human...