by Dan Mitchell | Jun 6, 2020 | Blogs, Economics
Do you want to understand the International Monetary Fund’s (IMF) pernicious role in the global economy? Here’s a simple analogy that will tell you everything you need to know. Let’s say you have two friends. Friend A, who continuously gets in financial trouble...
by Dan Mitchell | May 20, 2020 | Bailouts, Blogs, Europe
I wrote earlier this month about coronavirus becoming an excuse for more bad public policy. American politicians certainly have been pushing all sorts of proposals for bigger government, showing that they have embraced the notion that you don’t want to let a “crisis...
by Dan Mitchell | May 1, 2020 | Bailouts, Big Government, Blogs, States
A Supreme Court Justice pointed out in 1932 that “a state may, if its citizens choose, serve as a laboratory; and try novel social and economic experiments without risk to the rest of the country.” Well, we’ve had several experiments in higher taxes and higher...
by Dan Mitchell | Apr 29, 2020 | Bailouts, Big Government, Blogs
Since government officials have imposed severe restrictions on economic activity, I’m sympathetic to the notion that businesses should be compensated. But, as I warn in this CNBC interview, I have major concerns about big government and big business getting in bed...
by Dan Mitchell | Apr 2, 2020 | Bailouts, Blogs
Most economic downturns are caused by misguided government policy, which leads to predictable battles over how to address the fallout as well as battles over how to avoid the same mistakes in the future. Today’s crisis is different. It’s more akin to a natural...
