by Dan Mitchell | Dec 20, 2019 | Blogs, Economics
When I was in London last week for Boris Johnson’s landslide victory, many people asked me whether Trump would win again in 2020. Since I was wrong about 2016, I told them I wasn’t the right person to ask. That being said, Trump has some positive economic tailwinds....
by Dan Mitchell | Dec 16, 2019 | Blogs, Trade
One of my big 2018 worries was that Trump would wreck NAFTA. We dodged that bullet, but my two cents is that the new deal is underwhelming. The bottom line is that his revisions to the pact – which is now called USMCA – create some new barriers to trade. But there...
by Dan Mitchell | Oct 26, 2019 | Big Government, Blogs, Government Spending
This week featured lots of angst-ridden headlines about the annual budget deficit for the 2019 fiscal year (which ended on September 30) jumping to $984 billion, an increase of more than $200 billion. For reasons I’ve previously outlined, I don’t lose too much sleep...
by Dan Mitchell | Oct 18, 2019 | Blogs, Economics
There’s an entire field of economics called “public choice” that analyzes the (largely perverse) incentive structures of politicians and bureaucrats. But is economic analysis also helpful to understand voting and elections? In the past, I’ve suggested that political...
by Dan Mitchell | Oct 8, 2019 | Blogs, Trade
Earlier this year, I shared a short video about the benefits of the World Trade Organization. Here’s a more substantive version (though still only four minutes). I wanted to keep the video short, so I focused primarily on how the United States disproportionately...
