by Dan Mitchell | Dec 27, 2024 | Big Government, Blogs, Economics
Congratulations to Joe Biden, albeit in a negative way. He has joined Richard Nixon and Herbert Hoover in having zero positive economic accomplishments. Here’s my assessment. Plenty of anti-growth policies over the past four years, but absolutely...
by Dan Mitchell | Nov 26, 2024 | Blogs, Economics, Free Market
In Part I of this series, I looked at how President Milei has achieved an amazing level of spending restraint in just one year. For Part II, let’s look at his ultimate objective. As he explains in this video, he wants Argentina to be the world’s...
by Dan Mitchell | Nov 24, 2024 | Blogs, Economics
Earlier this year, I shared this video about the foolishness of price controls on credit card interest rates. I’m recycling this video because we have a potentially very unfortunate example of bipartisanship developing in Washington. Some very left-wing Democratic...
by Dan Mitchell | Nov 23, 2024 | Blogs, Economics
I have opined many times about the folly of minimum wage laws. Today, starting with this great video from Reason, let’s look at the narrower topic of wages for restaurant workers. The obvious takeaway is that government intervention has backfired. A second takeaway is...
by Dan Mitchell | Nov 21, 2024 | Big Government, Blogs, Economics, Government Spending
I’m speaking today in Uruguay and, since this is my first visit, I want to take this opportunity to analyze that country’s economic policy. The good news is that the current president, Luis Lacalle Pou, has been more fiscally responsible than his...
