by Dan Mitchell | May 24, 2022 | Big Government, Blogs, Europe, Monetary Policy, Welfare and Entitlements
Earlier this year, I pointed out that President Biden should not be blamed for rising prices. There has been inflation, of course, but the Federal Reserve deserves the blame. More specifically, America’s central bank responded to the coronavirus...
by Dan Mitchell | Mar 18, 2022 | Big Government, Blogs, Welfare and Entitlements
When debating big issues such as the size and scope of government, I like to think that facts matter. Maybe I’m being naive, but people should look at evidence before deciding whether to make government bigger or smaller. And with...
by Dan Mitchell | Feb 25, 2022 | Big Government, Blogs, Europe, Government Spending, Taxation, Welfare and Entitlements
When I compare the United States and Europe, it’s usually because I want to make the point that people on the other side of the Atlantic have lower living standards in large part because there is a more onerous fiscal burden of government. Simply...
by Dan Mitchell | Feb 5, 2022 | Big Government, Blogs, Government Spending, Taxation
A key principle of economics is convergence, which is the notion that poorer nations generally grow faster than richer nations. For instance, battle-damaged European nations grew faster than the United States in the first few decades after World War II....
by Dan Mitchell | Jan 6, 2022 | Blogs, Economics, Free Market, Welfare and Entitlements
I created the Eighth Theorem of Government to illustrate the difference between well-meaning people (who want to help the poor) and zero-sum people (who seem to think some people are poor because other people are rich). This raises the...
