by Dan Mitchell | Aug 8, 2022 | Big Government, Blogs, Economics
A big argument for free enterprise over statism is that the former delivers growth while the latter leads to stagnation. And that’s very apparent when you review decades of data. The case for capitalism is especially powerful if you care...
by Dan Mitchell | Jul 14, 2022 | Blogs, Monetary Policy
Milton Friedman wisely observed that inflation is always the result of bad monetary policy by central banks. And I echoed that point last month in remarks to the European Resource Bank meeting in Stockholm. This topic deserves more attention, particularly given...
by Dan Mitchell | May 7, 2022 | Blogs, Monetary Policy
Back in 2015, I explained to Neil Cavuto that easy money creates the conditions for a boom-bust cycle. It’s now 2022 and my argument is even more relevant. That’s because the Federal Reserve panicked at the start of the pandemic and dumped a massive amount of...
by Dan Mitchell | Apr 23, 2022 | Big Government, Blogs
Looking back on the 2008 financial crisis, it seems clear that much of that mess was caused by bad government policy, especially easy money from the Federal Reserve and housing subsidies from Fannie Mae and Freddie Mac. Many of my left-leaning...
by Dan Mitchell | Apr 16, 2022 | Blogs, Economics
I’m more than happy to condemn Joe Biden for his bad policy proposals, such as higher tax rates, fake stimulus, red tape, and a bigger welfare state. But as I discuss in this segment from a recent interview, he bears very little blame for today’s...
