by Dan Mitchell | Dec 28, 2022 | Blogs, Economics
I periodically use a “most depressing” theme when writing about charts or tweets with grim data. I’ve done that with regional data and also looked at depressing data from specific countries. Today, we’re going to look at some “most depressing”...
by Dan Mitchell | Sep 3, 2022 | Blogs, Economics
Let’s revisit the issues of Bidenomics. Previous editions of this series have focused on Biden’s dismal record with regards to subsidies, inflation, protectionism, household income, fiscal policy, and red tape. The assessment has not been...
by Dan Mitchell | Sep 6, 2021 | Big Government, Blogs, Economics, Regulations
In my fantasy country of Libertaria, there is no Department of Labor, no regulation of employment contracts between consenting adults, and no favoritism for either labor or management. In the real world, the relevant question is...
by Dan Mitchell | May 16, 2019 | Blogs, Economics
I shared a video last year that pointed out that Americans live in a nation that became prosperous thanks to “creative destruction.” That’s the term developed by Joseph Schumpeter to describe the economic churning caused by competition, innovation, and markets...
by Dan Mitchell | Nov 30, 2018 | Big Government, Blogs, Economics, Welfare and Entitlements
Washington is a place that gets infatuated with trendy ideas. A few years ago, everyone was talking about a “universal basic income” because of the strange assumption that millions of people will be unemployable in the future. That idea was mostly embraced by folks on...