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Even by Keynesian Standards, Cash-for-Clunkers Was a Clunker

Even by Keynesian Standards, Cash-for-Clunkers Was a Clunker

by Dan Mitchell | Jul 3, 2017 | Blogs, Economics

Keynesian economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out policies that result in more income. This is one of the reasons I wish people focused more on “gross domestic income,” which...

The Nanny State, Showerheads, and the Declining Quality of Life

by Dan Mitchell | Jun 19, 2017 | Big Government, Blogs, Regulations

When I write about regulation, I usually focus on big-picture issues involving economic costs, living standards, and competitiveness. Those are very important concerns, but the average person in American probably gets more irked by rules that impact the quality of...
Carbon Taxes: Worrisome in Theory, Bad in Reality

Carbon Taxes: Worrisome in Theory, Bad in Reality

by Dan Mitchell | Feb 11, 2017 | Big Government, Blogs, Government Spending, Taxation

I don’t have strong views on global warming. Or climate change, or whatever it’s being called today. But I’ve generally been skeptical about government action for the simple reason that the people making the most noise are statists who would use any excuse to increase...
Playboy’s Amusing – and Accurate – Assessment of Republicans, Democrats, and Libertarians

Playboy’s Amusing – and Accurate – Assessment of Republicans, Democrats, and Libertarians

by Dan Mitchell | May 13, 2016 | Blogs, Uncategorized

I will always have fond feelings for Playboy, though not for the stereotypical reason. My appreciation for the magazine is largely based on the fact that I got a very nice honorarium from the German version back in the 1990s for writing an assessment of Bill Clinton’s...
For Sustainable Fisheries, Private Property Rights Work Better than Command-and-Control Regulation

For Sustainable Fisheries, Private Property Rights Work Better than Command-and-Control Regulation

by Dan Mitchell | May 2, 2016 | Blogs, Economics

I’ve previously argued that private property rights are a vital component of a pro-environment agenda. Interestingly, the Washington Post sort of agrees. At least with regards to fisheries. In a recent editorial, it acknowledged that the current communal system...
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