by Dan Mitchell | Sep 5, 2011 | Blogs, Economics
Labor Day is a good opportunity to consider whether unions help or hurt ordinary workers in America. The answer is yes and no, depending on circumstances, but that’s actually the wrong question. The real issue, at least from a public policy perspective, is whether...
by Dan Mitchell | Aug 31, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation, VAT
I’m normally disappointed when religious figures comment on economics, particularly since they often turn the individual call to charity into a blank check for government-coerced redistribution. This runs contrary to individual choice, free will, and morality. So I’m...
by Dan Mitchell | Aug 28, 2011 | Blogs, Economics, Monetary Policy
I generally try to avoid commenting on monetary policy. Not because I don’t have opinions, but for the simple reason that I don’t follow the issue closely enough to feel fully confident about what I say. This doesn’t mean I’m happy with Fed Chairman Bernanke. But I’m...
by Dan Mitchell | Aug 24, 2011 | Big Government, Blogs, Economics, Government Spending
The Congressional Budget Office has just released the update to its Economic and Budget Outlook. There are several things from this new report that probably deserve commentary, including a new estimate that unemployment will “remain above 8 percent until 2014.” This...
by Dan Mitchell | Aug 24, 2011 | Big Government, Blogs, Economics, Government Spending
ust last week, I made fun of Paul Krugman after he publicly said that a fake threat from invading aliens would be good for the economy since the earth would waste a bunch of money on pointless defense outlays. Yesterday, there were rumors that Krugman stated that it...
