by Dan Mitchell | Apr 23, 2020 | Blogs, Economics
Remember the “jobless recovery” of the Obama years? Part of the problem was that President Obama kept extending unemployment benefits, which subsidized joblessness, as even Paul Krugman and Larry Summers had warned. The good news was that Congress eventually said no...
by Dan Mitchell | Apr 18, 2020 | Blogs, States
I’ve written that policy makers need to consider both the human toll of the coronavirus and the human toll of a depressed economy. I also discussed this tradeoff with Brian Nichols, beginning about seven minutes into this podcast. And, as you can see from this tweet,...
by Dan Mitchell | Apr 15, 2020 | Blogs, Economics
I’ve shared plenty of jokes about how America is getting a trial run of life under socialism thanks to the coronavirus. But, as discussed in this interview, there are some very serious issues relating to economic policy during a pandemic. I started the interview by...
by Dan Mitchell | Apr 13, 2020 | Blogs, Europe
Libertarians and other supporters of limited government historically have mixed feelings about the European Union (and its various governmental manifestations). On the plus side, there are no trade barriers between nations that belong to the EU, and membership also...
by Dan Mitchell | Apr 11, 2020 | Big Government, Blogs, Health Care
About three weeks ago, I unveiled the “Seventh Theorem of Government” to support the libertarian proposition that a smaller government will do a better job of fulfilling its legitimate responsibilities. This should not be a controversial concept. There’s plenty...