by Dan Mitchell | Nov 24, 2024 | Blogs, Economics
Earlier this year, I shared this video about the foolishness of price controls on credit card interest rates. I’m recycling this video because we have a potentially very unfortunate example of bipartisanship developing in Washington. Some very left-wing Democratic...
by Dan Mitchell | Nov 23, 2024 | Blogs, Economics
I have opined many times about the folly of minimum wage laws. Today, starting with this great video from Reason, let’s look at the narrower topic of wages for restaurant workers. The obvious takeaway is that government intervention has backfired. A second takeaway is...
by Dan Mitchell | Nov 22, 2024 | Blogs, Taxation
There is going to be a major battle over tax policy in 2025, triggered in part by an end-of-year deadline to extend (or not extend) major portions of the 2017 Trump tax reforms. But lawmakers presumably will also be dealing with some of Trump’s new proposals,...
by Dan Mitchell | Nov 21, 2024 | Latin American Liberty Project
Hoy hablo en Uruguay y, como es mi primera visita, quiero aprovechar para analizar la política económica de ese país. La buena noticia es que el actual presidente, Luis Lacalle Pou, ha sido más responsable fiscalmente que sus predecesores. He aquí un gráfico que...
by Dan Mitchell | Nov 21, 2024 | Big Government, Blogs, Economics, Government Spending
I’m speaking today in Uruguay and, since this is my first visit, I want to take this opportunity to analyze that country’s economic policy. The good news is that the current president, Luis Lacalle Pou, has been more fiscally responsible than his...
