by Dan Mitchell | Jun 9, 2019 | Blogs
Having been exposed to scholars from the Austrian school as a graduate student, I have a knee-jerk suspicion that it’s not a good idea to rely on the Federal Reserve for macroeconomic tinkering. In this interview from yesterday, I specifically warn that easy money can...
by Dan Mitchell | Jun 8, 2019 | Blogs, Economics, Health Care
In addition to speaking on tax competition at the European Resource Bank in Moldova, I also appeared on a panel about healthcare. I used the opportunity to explain how government-created “third-party payer” has crippled market forces in the United States and produced...
by Dan Mitchell | Jun 7, 2019 | Blogs, Economics
The folks at USA Today invited me to opine on fiscal policy, specifically whether the 2017 tax cut was a mistake because of rising levels of red ink. Here’s some of what I wrote on the topic, including the all-important point that deficits and debt are best understood...
by Dan Mitchell | Jun 3, 2019 | Blogs, Taxation, Trade
What’s worse, a politician who knowingly supports bad policy or a politician who actually thinks that bad policy is good policy? I was very critical of the Bush Administration (I’m referring to George W. Bush, but the same analysis applies to George H.W. Bush) because...
by Dan Mitchell | May 31, 2019 | Blogs, Economics, Trade
I periodically deal with people who generally sympathize with capitalism but nonetheless are supportive of protectionism. In part, they incorrectly think that a “trade deficit” is a problem that must be fixed. In other cases, they don’t understand the economic...