by Dan Mitchell | Mar 15, 2023 | Blogs, Economics
Want to know who to blame for the failure of Silicon Valley Bank, Signature Bank, and the general turmoil in the banking sector? Poor management is part of the answer, of course, but the Federal Reserve also should be castigated because of bad monetary...
by Dan Mitchell | Aug 11, 2020 | Blogs, Economics
I went to George Mason University for my Ph.D. specifically because of my interest in both “public choice” and “Austrian theory.” The former deals with analyzing how politicians, bureaucrats, and voters really behave (as opposed to the naive view you may have learned...
by Dan Mitchell | Oct 19, 2019 | Blogs, Economics, Free Market
John Papola has done it again. His video showing a Keynes v. Hayek rap contest was superb, and was followed by an equally enjoyable sequel featuring a boxing match between Keynes and Hayek. Now he has a rap contest about capitalism and socialism featuring Ludwig von...
by Dan Mitchell | Jun 9, 2019 | Blogs
Having been exposed to scholars from the Austrian school as a graduate student, I have a knee-jerk suspicion that it’s not a good idea to rely on the Federal Reserve for macroeconomic tinkering. In this interview from yesterday, I specifically warn that easy money can...
by Dan Mitchell | May 9, 2015 | Blogs, Economics, Tax Competition, Taxation
I wrote just yesterday about new evidence showing that decentralized government is more efficient. Part of the reason is because local governments are easier for voters to monitor and more likely to reflect the actual preferences of residents. Another reason is tax...
