by Dan Mitchell | Apr 2, 2014 | Blogs, Economics
Greetings from Obamaland! Actually, that’s wrong in two respects. First, I’m actually in France. And even though I’ve joked that Obama wants to make America like France, technical accuracy requires me to admit that my real location is Paris, where I participated...
by Dan Mitchell | Feb 28, 2014 | Blogs, Economics, Minimum Wage
Like John Stossel and Thomas Sowell, I’m not a big fan of the Federal Reserve. It’s not just that I’m a libertarian who fantasizes about the denationalization of money. I also think the Fed hasn’t done a good job, even by its own metrics. There’s very little doubt,...
by Dan Mitchell | Feb 9, 2013 | Big Government, Blogs, Economics
When speaking about the difference between the private sector and the government, I sometimes emphasize that mistakes and errors are inevitable, and that the propensity to screw up may be just as prevalent in the private sector as it is in the public sector. I...
by Dan Mitchell | Sep 20, 2012 | Blogs, Economics, Monetary Policy
I’ve expressed concern about QE3 and other decisions by the Federal Reserve about monetary policy, but I have also admitted that it’s difficult to know the right monetary policy because it requires having a good idea about both the demand for money and the supply of...
by Dan Mitchell | Sep 15, 2012 | Blogs, Economics, Monetary Policy
I posted this t-shirt about Bernanke’s easy-money approach a couple of days ago, but I should have waited ’til today since it would be a perfect accompaniment to any analysis of the Fed Chairman’s unveiling of QE3. But given the potential economic consequences, I...
