by Dan Mitchell | Jun 30, 2018 | Blogs, Economics
During the Obama years, I used data from the Minneapolis Federal Reserve to explain that the economic recovery was rather weak. And when people responded by pointing to a reasonably strong stock market, I expressed concern that easy-money policies might be creating an...
by Dan Mitchell | Sep 27, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian
When I was younger, folks in the policy community joked that BusinessWeek was the “anti-business business weekly” because its coverage of the economy was just as stale and predictably left wing as what you would find in the pages of Time or Newsweek. Well, perhaps...
by Dan Mitchell | Aug 16, 2016 | Big Government, Blogs, Economics, Government Spending
Remember Bill Murray’s Groundhog Day, the 1993 comedy classic about a weatherman who experiences the same day over and over again? Well, the same thing is happening in Japan. But instead of a person waking up and reliving the same day, we get politicians pursuing the...
by Dan Mitchell | Dec 27, 2015 | Blogs, Economics, Financial Privacy, Keynesian, Monetary Policy
I wrote yesterday that governments want to eliminate cash in order to make it easier to squeeze more money from taxpayers. But that’s not the only reason why politicians are interested in banning paper money and coins. They also are worried that paper money inhibits...
by Dan Mitchell | Nov 17, 2015 | Blogs, Economics
We’ve been suffering through the weakest recovery since the Great Depression. Labor force participation hasn’t recovered and median household income is stagnant. So how are our benevolent and kind overseers in Washington responding? Are they reducing the burden of...