by Dan Mitchell | Aug 11, 2015 | Big Government, Blogs, Economics, Government Spending
Let’s celebrate some good news. When politicians can be convinced (or pressured) to exercise even a modest bit of spending restraint, it’s remarkably simple to get positive results. Here’s some of what I wrote earlier this year. …one of the few recent victories for...
by Dan Mitchell | Aug 10, 2015 | Blogs, Economics, Education
Over the past few years, Hillary Clinton has taken advantage of several opportunities to demonstrate that she doesn’t understand economics. Though that’s not a problem. I have friends who routinely demonstrate their economic ignorance by saying things that don’t make...
by Dan Mitchell | Aug 9, 2015 | Big Government, Blogs, Economics, Regulations
What’s the best way to understand the burden of government regulation and red tape? Is it better to focus on the overall burden by sharingdata about aggregate cost, job losses, time wasted, and foregone growth? Or is it better to look at specific examples of...
by Dan Mitchell | Aug 7, 2015 | Blogs, Economics
Is the third time the charm, at least for bailouts? First, we had the TARP bailout in the United States, and that turned out to be a corrupt mess. Second, we had the Greek bailout, which has squandered hundreds of billions of euros to prop up a welfare state. Now we...
by Dan Mitchell | Aug 2, 2015 | Big Government, Blogs, Economics, Government Spending
I wrote last month that the debt burden in Greece doesn’t preclude economic recovery. After all, both the United States and (especially) the United Kingdom had enormous debt burdens after World War II, yet those record levels of red ink didn’t prevent growth. Climbing...
