by Dan Mitchell | Jun 30, 2024 | Blogs, Economics
Over the past few years, I’ve repeatedly emphasized Milton Friedman’s insight that central banks deserve blame for inflation. To illustrate, here are two charts. The first chart shows the Federal Reserve’s balance sheet. If you focus...
by Dan Mitchell | Jun 18, 2024 | Blogs, Trade
Six years ago, I wrote a column explaining why America’s growth in the 1800s was not because of punitive trade taxes. Let’s look at that issue again, starting with this video from Johan Norberg. I’m motivated to revisit the topic because Trump recently...
by Dan Mitchell | Jun 8, 2024 | Blogs, Trade
In 2019, the Center for Freedom and Prosperity released this video documenting the benefits of free trade. The case for free trade between nations is the same as the case for free trade between states. Or between cities. Or between households. Economists...
by Dan Mitchell | Jun 5, 2024 | Blogs, Crime, Society
Like so many politicians from both parties, Joe Biden and his family have figured out how to personally profit from big government (one of the many reasons why Washington is a “wretched hive of scum and villainy“). Though I’ll be the first to admit...
by Dan Mitchell | May 7, 2024 | Big Government, Blogs, Welfare and Entitlements
The Social Security Administration has released the yearly forecast of the program’s long-run finances. Jut like I did in 2023, 2022, 2021, 2020, etc, it’s time to see what to expect in the future. Based on the annual fiscal data in Table...