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What’s Happening with the Economy, Strong Growth or False Boom?

What’s Happening with the Economy, Strong Growth or False Boom?

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...
Anti-Economics from The Economist

Anti-Economics from The Economist

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...
Japan’s Slow-Motion Fiscal and Monetary Suicide

Japan’s Slow-Motion Fiscal and Monetary Suicide

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...

The War Against Cash, Part II

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...
What’s Happening with the Economy, Strong Growth or False Boom?

Yes, We Should Clip the Wings of the Federal Reserve’s Philosopher Kings

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...
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