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Free Enterprise, Creative Destruction, and Consumer Power

Free Enterprise, Creative Destruction, and Consumer Power

by Dan Mitchell | Oct 29, 2017 | Blogs, Economics, Free Market

I fully agree with my leftist friends who say that corporations want to extract every penny they can from consumers. I also (mostly) agree with them when they say corporations are soulless entities that don’t care about people. But after they’re done venting, I then...

Ranking Presidents on Economic Policy: The Predictably Bad Record of Barack Obama

by Dan Mitchell | Oct 27, 2017 | Big Government, Blogs, Economics

When I gave speeches during Obama’s time in office, especially to audiences with a lot of Republicans, I sometimes asked a rhetorical question about whether they approved of presidents who increased spending, bailed out big companies, expanded the power of the...
Ranking Presidents on Economic Policy: The Dismal Record of George W. Bush

Ranking Presidents on Economic Policy: The Dismal Record of George W. Bush

by Dan Mitchell | Oct 24, 2017 | Big Government, Blogs, Economics, Government Spending

Back in 2013, I did an assessment of economic policy changes that occurred during the Clinton Administration. The bottom line was that the overall burden of government declined by a semi-significant amount. Which presumably helps to explain why the economy enjoyed...

The International Monetary Fund’s Recipe for Continued Poverty in the Developing World

by Dan Mitchell | Oct 22, 2017 | Big Government, Blogs, Economics, Government Spending, Taxation

The cossetted bureaucrats at the International Monetary Fund are on a roll. In the past few months, they’ve published reports pushing a very misguided and statist agenda. In June, I wrote about the IMF pushing a theory that higher taxes would improve growth in the...
The Upside-Down Logic of Subsidized Birth Control

The Upside-Down Logic of Subsidized Birth Control

by Dan Mitchell | Oct 12, 2017 | Blogs, Economics

When writing about the Obamacare and its birth-control mandate, I’ve made a handful of observations. First, it is very bureaucratic and inefficient to use insurance for routine medical expenses. Sort of like using auto insurance to cover the cost of getting an oil...
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