by Dan Mitchell | Feb 16, 2020 | Blogs, Uncategorized
I have Republican friends who don’t trust Michael Bloomberg because he switched parties and Democratic friends who don’t trust him for the same reason. I tell all of them that it’s more important to focus on his policy agenda rather than his partisan identification....
by Dan Mitchell | Sep 29, 2019 | Big Government, Blogs
The 2008 financial crisis was largely the result of bad government policy, including subsidies for the housing sector from Fannie Mae and Freddie Mac. This video is 10 years old, but it does a great job of explaining the damaging role of those two government-created...
by Dan Mitchell | Jul 16, 2019 | Blogs, Economics
One of the few theoretical constraints on Washington is that politicians periodically have to raise a “debt ceiling” or “debt limit” in order to finance additional spending with additional red ink. I have mixed feelings about this requirement. I like that there is...
by Dan Mitchell | Aug 14, 2018 | Blogs, Economics
A few days ago, I shared some academic research investigating whether economic crises lead to more liberalization (Naomi Klein’s hypothesis) or more statism (Robert Higgs’ hypothesis). Given the dismal long-run outlook for the United States and most other developed...
by Dan Mitchell | Aug 10, 2018 | Blogs, Economics
When I give speeches about modern welfare states, I’ll often cite grim data from the IMF, BIS, and OECD about the very depressing fiscal consequences of ever-expanding government. And if I really want to worry an audience, I’ll augment those numbers by talking about...