by Dan Mitchell | May 19, 2024 | Big Government, Blogs, Featured, Financial Privacy, Regulations
I’ve repeatedly complained about the absurdity of anti-money laundering laws and regulations. As a libertarian, I don’t like that the government forces banks to spy on customers. As an economist, I don’t like that these laws don’t come...
by Dan Mitchell | Apr 21, 2024 | Big Government, Blogs, Featured, Government Spending
There was a lot of wasteful spending during the pandemic. That was bad news, but what’s far more worrisome is that politicians used the pandemic as an excuse to permanently increase the spending trendline. Here’s a chart based on CBO’s historical...
by Dan Mitchell | Apr 17, 2024 | Blogs, Economics, Featured, Trade
Five years ago, I shared this video explaining why trade deficits generally don’t matter. The most important thing to understand is that a trade deficit is the same thing as a financial account surplus (formerly known as a capital surplus), which is easy to...
by Dan Mitchell | Mar 29, 2024 | Big Government, Blogs, Featured, Government Spending
Given what I recently wrote about America’s long-fun fiscal outlook, it is easy to understand why I expressed pessimism as part of a conversation with David McIntosh of the Club for Growth. The presidential candidates are a big reason for my dour outlook. Joe...
by CF&P | Mar 5, 2024 | Featured, News, Press Releases
For Immediate ReleaseTuesday, March 5, 2024 CF&P Responds to CFPB Credit Card Price Controls (Washington, D.C., Tuesday, March 5, 2024) Today’s finalization of a Consumer Financial Protection Bureau (CFPB) rule to impose price controls on credit cards will...
by Dan Mitchell | Feb 21, 2024 | Blogs, Featured
Almost exactly six years ago, I shared a column with this video of a member of the European Parliament explaining the principle of mutual recognition. But that column was mostly about the benefits of jurisdictional competition and I only mentioned mutual recognition...
