by Dan Mitchell | Jul 2, 2023 | Blogs, Economics
In 2022, I did a seven-part series about Bidenomics, focusing on the president’s track record on subsidies, inflation, protectionism, household income, fiscal policy, red tape, and labor-force participation. Let’s take an...
by Dan Mitchell | Jun 28, 2023 | Big Government, Blogs, Economics, Regulations
As Frederic Bastiat sagely observed nearly 200 years ago, a good economist considers the indirect or secondary effects of any action. For instance, a politician might claim we can double tax revenue by doubling tax rates, but a sensible...
by Dan Mitchell | Jun 19, 2023 | Big Government, Blogs, Economics, Regulations
Economists are not anti-regulation, but they are skeptical of rules and mandates that don’t pass a cost-benefit test. Politicians, meanwhile, generally don’t care about regulation. They are not impervious to evidence and analysis, but they mostly want...
by Dan Mitchell | Jun 17, 2023 | Blogs, Economics
I have done eight columns comparing Texas and California and five columns comparing Florida and New York. But maybe it is time to compare Florida and California? If I do, there’s no comparison, at least based on how people vote with their...
by Dan Mitchell | Jun 4, 2023 | Blogs, Economics
I was sour about China’s economic prospects more than 10 years ago, and these remarks from earlier this year show that I still think China’s economy is being held back by too much government. The people who think of China was or is an economic superpower do not pay...
