by Dan Mitchell | Oct 1, 2018 | Blogs, Economics, Free Market
Over the years, I’ve felt compelled to “debunk” various articles, columns, and speeches that fundamentally misrepresented and/or misunderstood key economic issues. A partial list includes Keynesian economics, the Laffer Curve, Obama tax propaganda, Elizabeth Warren’s...
by Dan Mitchell | Sep 27, 2018 | Blogs, Economics, Free Market
Since I’ve been writing a column every day since 2010, you can imagine that there are some days where that’s a challenge. But not today. The Fraser Institute has released a new edition of Economic Freedom of the World, which is like a bible for policy wonks. So just...
by Dan Mitchell | Sep 23, 2018 | Blogs, Economics, Trade
Earlier this week, Neil Cavuto asked me about the politics of trade and I warned that Trump’s protectionism may backfire on Republicans because many workers and businesses are suffering the consequences. Needless to say, I’m not a political expert, and I think even...
by Dan Mitchell | Sep 22, 2018 | Blogs, Economics
Some economic statistics are very important in the world of politics. When President Obama’s so-called stimulus was in effect, critics (including me) kept pointing to higher-than-predicted unemployment rates. President Trump, meanwhile, mistakenly thinks America...
by Dan Mitchell | Sep 20, 2018 | Blogs, Economics
Responding to Hurricane Harvey last year, I shared three very good videos explaining why laws against “price gouging” are misguided. Simply stated, politicians can’t wave a legislative wand and change underlying conditions of supply and demand. Laws that artificially...