by Dan Mitchell | Sep 16, 2019 | Big Government, Blogs
The great French economist from the 1800s, Frederic Bastiat, famously explained that good economists are aware that government policies have indirect effects (the “unseen”). Bad economists, by contrast, only consider direct effects (the “seen”). Let’s look at the...
by Dan Mitchell | Jul 17, 2019 | Big Government, Blogs, Energy
From a macroeconomic perspective, President Obama’s so-called stimulus was a flop. The federal government borrowed and redistributed almost $1 trillion, yet the economy stagnated. From a microeconomic perspective, the faux stimulus may have been an even bigger...
by Dan Mitchell | Jul 17, 2019 | Opinion and Commentary
Originally published by The American Conservative on July 16, 2019. Looking at Representative Alexandria Ocasio-Cortez’s Green New Deal, one is reminded of Voltaire’s comment that the Holy Roman Empire was neither holy, nor Roman, nor an empire. But that might be...
by Dan Mitchell | Jul 5, 2019 | Big Government, Blogs
One of the worst examples of Washington cronyism is the Export-Import Bank, which has provided subsidies for big companies that sell to foreign buyers. Corrupt firms such as Boeing and General Electric argue that they need help from the Ex-Im Bank in order make those...
by Andrew F. Quinlan | Mar 15, 2019 | Opinion and Commentary
Originally published by The Western Journal on March 14, 2019. A lot was riding on the Crew Dragon’s safe return Friday after SpaceX became the first company to dock a commercial spacecraft at the International Space Station a week prior. While the docking was praised...
