by Dan Mitchell | Feb 15, 2026 | Blogs, Government Spending, Welfare and Entitlements
Let’s start today’s column with two simple and uncontroversial statements. Without real entitlement reform, the burden of government spending will grow dramatically over the next few decades. There are only three ways – taxes, borrowing, and money-printing – to...
by Dan Mitchell | Jan 12, 2026 | Blogs, Monetary Policy
When he first ran for President, I observed that Trump was a big-government Republican. This doesn’t mean he’s part of the moderate GOP establishment, like Bush and Romney. But it does mean that there is considerable overlap in terms of...
by Dan Mitchell | Oct 19, 2025 | Blogs, Economics
Back in 2022, I wrote a column about how major central banks had caused prices to spike by engaging in reckless monetary policy. I included charts showing massive expansions of central bank balance sheets by the U.S. Federal Reserve,...
by Dan Mitchell | Apr 20, 2025 | Blogs, Monetary Policy
I have been very critical of the Federal Reserve. For a long time. The central bank has give us more than one hundred years of boom-and-bust monetary policy. And to make matters worse, the booms are false and the busts are real. Yet no...
by Dan Mitchell | Aug 10, 2024 | Blogs, Economics
Why do politicians such as Donald Trump and Kamala Harris show no interest in fixing Social Security and other entitlement programs? The answer is “public choice.” They are focused on maximizing votes and power in the short run...
