by Dan Mitchell | Apr 15, 2020 | Blogs, Economics
I’ve shared plenty of jokes about how America is getting a trial run of life under socialism thanks to the coronavirus. But, as discussed in this interview, there are some very serious issues relating to economic policy during a pandemic. I started the interview by...
by Dan Mitchell | Apr 7, 2020 | Big Government, Blogs, Economics, Government Spending
As explained in this short video, a spending cap limits how fast a government’s budget can grow each year. That’s a very sensible approach, sort of like having a speed limit in a school zone, and even left-leaning international bureaucracies have concluded it’s the...
by Dan Mitchell | Apr 6, 2020 | Big Government, Blogs, Economics, Free Market
The current crisis teaches us that excessive regulation and bureaucratic sloth can have deadly consequences. Here’s John Stossel’s video with another lesson, explaining that we need more capitalism rather than more government. This seems like a no-brainer, especially...
by Dan Mitchell | Apr 3, 2020 | Blogs, Economics
Starting with a column about government-subsidized debt and ending yesterday with a column about why government shouldn’t own airlines, I’ve written about coronavirus-related issues for 14 straight days. And since that’s the topic now dominating the national...
by Dan Mitchell | Apr 1, 2020 | Big Government, Blogs, Economics, States, Taxation
The crowd in Washington has responded to the coronavirus crisis with an orgy of borrowing and spending. The good news is that the legislation isn’t based on the failed notion of Keynesian economics (i.e., the belief that you get more prosperity when the government...
