by Dan Mitchell | Apr 4, 2018 | Blogs, Economics
I explained last month that the World Trade Organization’s dispute-resolution mechanism is the best way of discouraging China from short-sighted mercantilist and cronyist trade policies. The Trump Administration, though, thinks that the best response to bad Chinese...
by Dan Mitchell | Mar 30, 2018 | Blogs, Economics
What’s the best argument against statism? As a libertarian, my answer is that freedom is preferable to coercion. Freedom also ranks higher than prosperity. For instance, the government might be able to boost economic output by requiring people to work seven days...
by Dan Mitchell | Mar 27, 2018 | Blogs, Economics, Regulations
Let’s look at some absurd examples of the regulatory state in action. We’ll start with bone-headed pizza regulation, as explained by the Wall Street Journal. FDA released guidance for posting calorie disclosures at restaurants with more than 20 locations, and the...
by Dan Mitchell | Mar 14, 2018 | Big Government, Blogs, Economics, Government Spending
Way back in 2009, I narrated a video explaining that people worry too much about deficits and debt. Red ink isn’t desirable, to be sure, but I pointed out that the real problem is government spending. And the bottom line is that most types of government...
by Dan Mitchell | Mar 13, 2018 | Blogs, Economics
The biggest challenge, when I talk to politicians about the free-market agenda, is convincing them that they should restrain the growth of government. To be more specific, I think they often understand and accept the argument that ever-rising fiscal burdens are bad...