by Dan Mitchell | Mar 28, 2022 | Big Government, Blogs
The good thing about being a policy-driven libertarian is that I don’t feel any need to engage in political spin. I can praise Democrats who do good things and praise Republicans who do good things. And...
by Dan Mitchell | Mar 4, 2022 | Big Government, Blogs
Yesterday’s column explained that Biden’s proposals to expand the welfare state were bad news, in part because government subsidies often lead to inefficiency and higher prices. That’s not a smart strategy when inflation already is at...
by Dan Mitchell | Feb 1, 2022 | Blogs, Economics
Every few years (2012, 2015, 2019), I warn that easy-money policies by the Federal Reserve are misguided. But not just because such policies eventually can lead to price inflation, which now has become a problem in the United States. Bad monetary policy also...
by Dan Mitchell | Jan 26, 2022 | Big Government, Blogs
In the libertarian fantasy world, we would have competing private currencies. In the real world, we have a government central bank. And central banks have a track record of bad monetary policy, so here’s my two cents on how people can try to protect their...
by Dan Mitchell | Aug 3, 2021 | Blogs, Economics, Monetary Policy
I’m not a big fan of the Federal Reserve, mostly because of its Keynesian monetary policy. Incumbent politicians often applaud when the central bank intervenes to create excess liquidity and artificially low interest rates. That’s because the...
