by Dan Mitchell | Apr 6, 2024 | Blogs, Economics, Free Market
I wrote about Botswana yesterday, but focused on the narrow issue of how some of that nation’s leaders dunked on virtue-signaling politicians in Germany and the United Kingdom. But I did share a chart about how Botswana has out-performed other African...
by Dan Mitchell | Apr 4, 2024 | Big Government, Blogs, Economics, Regulations
Sensible regulation requires cost-benefit analysis. In other words, do the positive effects of a government intervention outweigh the negative effects? For instance, a nationwide, 5-miles-per-hour speed limit definitely would reduce traffic fatalities,...
by Dan Mitchell | Apr 3, 2024 | Blogs, Economics, Free Market
In 2021, I shared a cartoon strip about a worker blaming capitalism after losing his job following an increase in the minimum wage. One month ago, I shared a meme with a similar message. It showed the European Central Bank investigating supposedly...
by Dan Mitchell | Mar 28, 2024 | Blogs, Economics, Taxation
The good news is that there is very little risk that President’s new budget – which is very similar to his previous budgets – will be approved by Congress. The bad news is that his budget is filled with terrible policy. Big expansions in the...
by Dan Mitchell | Mar 27, 2024 | Big Government, Blogs, Economics, Government Spending
Last year, I filled out a do-it-yourself federal budget prepared by the Washington Post and another one put together by the Committee for a Responsible Federal Budget. In both cases, my main complaint was that they did not give enough...
