by Dan Mitchell | Jan 17, 2024 | Big Government, Blogs, Economics, Regulations
The great French economist from the 1800s, Frederic Bastiat, famously explained that good economists are aware that government policies have indirect effects (the “unseen”). Bad economists, by contrast, only consider direct effects (the...
by Dan Mitchell | Jan 12, 2024 | Blogs, Economics, Free Market
I narrated a video more than 10 years ago to explain the recipe for poor nations to become rich nations. Kite & Key Media has unveiled a video with a similar message. The country comparisons were the most compelling part of the video. Indeed, I’ve...
by Dan Mitchell | Jan 11, 2024 | Blogs, Economics, Taxation
There are three reasons to be a knee-jerk supporter of tax cuts (or to be a knee-jerk opponent of tax increases). The morality-driven libertarian argument that people should be able to keep the income they earn.The starve-the-beast...
by Dan Mitchell | Jan 2, 2024 | Blogs, Economics, Education
I have a multi-part series on why people shouldn’t trust economists (see here, here, here, here, and here). I even wrote a tongue-in-cheek column asking whether economists were “Useless, Despicable, and Loathsome People.” That being...
by Dan Mitchell | Dec 11, 2023 | Blogs, Economics, Free Market
I wrote yesterday about the huge problems facing Argentina’s new libertarian president. Javier Milei appears to be fully aware of what is needed to rejuvenate his nation, and is also being very honest about what will be required. But also...
