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...
by Dan Mitchell | Nov 19, 2024 | Big Government, Blogs, Economics
With regards to economic policy, Herbert Hoover and Franklin Roosevelt were two peas in a pod. They both responded to an economic downturn by dramatically expanding the size and scope of government. As a result of those mistakes, they...
by Dan Mitchell | Nov 16, 2024 | Blogs, Economics, Trade
Halfway through Trump’s first term, I used a set of scales to characterize his mixed economic policy. He had some pro-growth policies such as deregulation and tax reform, and he had some anti-growth policies such...
by Dan Mitchell | Oct 31, 2024 | Blogs, Economics, Taxation
I realize the election is just a few days away and there are many bad ideas to analyze from both candidates, but I can’t resist sharing this preposterous soundbite from a woman at the (horribly misnamed) International Growth...
