by Dan Mitchell | Feb 24, 2024 | Big Government, Blogs, Economics, Free Market, Regulations
I periodically share Mark Perry’s famous “Chart of the Century” to show that government intervention is a recipe for rising relative prices.* Since economic principles don’t change when you cross national borders, one might expect to see...
by Dan Mitchell | Feb 16, 2024 | Blogs, Economics
A few years ago, I explained why Tucker Carlson was wrong to cite Hungary a role model. Today, let’s analyze why his (widely condemned) praise of Russia’s economy is utterly delusional. We’ll start with the big-picture comparison based on data from...
by Dan Mitchell | Feb 9, 2024 | Big Government, Blogs, Economics, Regulations
I wrote three columns about occupational licensing in 2017 (here, here, and here), but have since neglected the issue. It’s time to revisit the issue, and we’ll start with this John Stossel video. One of the reasons I’m writing about the issue is that the...
by Dan Mitchell | Feb 4, 2024 | Blogs, Economics, Free Market
I explained a few months ago how poor nations can converge with rich nations. The recipe for prosperity is actually very simple, as Adam Smith wrote centuries ago. Sadly, most governments don’t follow that recipe, largely because...
by Dan Mitchell | Feb 2, 2024 | Blogs, Economics
I rarely comment about media bias, but sometimes there is an example that demands attention. For today’s column, I want to examine a four-question quiz on the Biden economy put together by the Washington Post. The first...
