by Dan Mitchell | Jun 25, 2020 | Blogs
I’m a long-time critic of the Federal Reserve, Fannie Mae, and Freddie Mac, but I had no idea they would produce something as bad as the 2008 financial meltdown. It’s not easy to predict the timing and severity of a crisis. Unless we’re talking about the ticking time...
by Dan Mitchell | May 31, 2020 | Blogs, Crime, Society
Since I’m a “right libertarian” according to the political compass test, it’s no surprise that I’m generally sympathetic to cops (notwithstanding my undesired encounters). But with important caveats. I want fewer foolish laws so police can concentrate on protecting...
by Dan Mitchell | Mar 7, 2020 | Blogs, States
Last year, I said the nation’s most important referendum was the proposal to emasculate Colorado’s Taxpayer Bill of Rights (I was delighted when voters said no to the pro-spending lobbies and preserved TABOR). This year’s most important referendum is taking place in...
by Dan Mitchell | Mar 2, 2020 | Big Government, Blogs, Bureaucracy
I’m not a big fan of bureaucracy, mostly because government employees are overpaid and they often work for departments and agencies that shouldn’t exist. Today, motivated by “public choice” insights about self-interested behavior, I want to make an important point...
by Dan Mitchell | Jan 20, 2020 | Big Government, Blogs, Bureaucracy
When I did this video about public-sector compensation almost 10 years ago, I focused on why it is unfair that bureaucrats get much higher levels of compensation than people working the private sector. Today, let’s consider the economic consequences of excessive...