by Dan Mitchell | Aug 1, 2015 | Big Government, Blogs, Economics
One of the reasons I repeatedly compare market-oriented countries with statist nations is to show that even minor differences in growth, if sustained over time, can have enormous impact on living standards for ordinary people. And that’s why we should be very worried...
by Dan Mitchell | Jul 31, 2015 | Big Government, Blogs, Energy, Regulations
When writing about the burden of regulation, I often share big numbers about aggregate cost, job losses, time wasted, and foregone growth. But I sometimes wonder if such data is effective in the battle for good policy. Maybe it’s better, at least in some cases, to...
by Dan Mitchell | Jul 30, 2015 | Big Government, Blogs, Economics, Government Spending
Not all birthdays are a cause for untrammeled joy. Most of us baby boomers, for instance, don’t like being reminded that we’re getting older. And for folks who follow fiscal policy, the fact that Medicare is now 50 years old is hardly a cause for celebration.That’s...
by Dan Mitchell | Jul 29, 2015 | Big Government, Blogs, Economics, Government Spending
Remember the big debt limit fight of 2013? The political establishment at the time went overboard with hysterical rhetoric about potential instability in financial markets. They warned that a failure to increase the federal government’s borrowing authority would mean...
by Dan Mitchell | Jul 28, 2015 | Blogs, Europe
If you want to pinpoint the leading source of bad economic policy proposals, I would understand if someone suggested the Obama Administration. But looking to Europe might be even more accurate. For instance, I’d be hard pressed to identify a policy more misguided than...
