by Dan Mitchell | Jun 30, 2018 | Blogs, Economics
During the Obama years, I used data from the Minneapolis Federal Reserve to explain that the economic recovery was rather weak. And when people responded by pointing to a reasonably strong stock market, I expressed concern that easy-money policies might be creating an...
by Dan Mitchell | Sep 27, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian
When I was younger, folks in the policy community joked that BusinessWeek was the “anti-business business weekly” because its coverage of the economy was just as stale and predictably left wing as what you would find in the pages of Time or Newsweek. Well, perhaps...
by Dan Mitchell | Sep 13, 2016 | Blogs, Financial Privacy, Monetary Policy
The War against Cash continues. In Part I, we looked at the argument that cash should be banned or restricted so governments could more easily collect additional tax revenue. In Part II, we reviewed the argument that cash should be curtailed so that governments could...
by Dan Mitchell | Mar 1, 2016 | Blogs, Economics, Financial Privacy, Keynesian, Monetary Policy
Although it doesn’t get nearly as much attention as it warrants, one of the greatest threats to liberty and prosperity is the potential curtailment and elimination of cash. As I’ve previously noted, there are two reasons why statists don’t like cash and instead would...
by Dan Mitchell | Dec 27, 2015 | Blogs, Economics, Financial Privacy, Keynesian, Monetary Policy
I wrote yesterday that governments want to eliminate cash in order to make it easier to squeeze more money from taxpayers. But that’s not the only reason why politicians are interested in banning paper money and coins. They also are worried that paper money inhibits...