by Dan Mitchell | Jan 15, 2010 | Blogs, Economic Growth, Free Market
Sometimes a picture really does tell a thousand words. Here’s a chart, based on data from the Philadelphia Fed, showing actual economic results compared to the predictions of professional economists. As you can see, my profession does a wretched job. Comparisons...
by Dan Mitchell | Jan 13, 2010 | Blogs, Economic Growth, Free Market
Appearing on Larry Kudlow’s show, Dan Mitchell debates this topic. More important, he asks the fundamental question of whether there should be any government intervention in housing...
by Dan Mitchell | Jan 9, 2010 | Big Government, Blogs, Free Market
The Wall Street Journal has more details about the sordid redistribution of our money to the insiders at Fannie Mae and Freddie mac: …there’s still some ugly 2009 business to report: To wit, the Treasury’s Christmas Eve taxpayer massacre lifting the...
by Dan Mitchell | Jan 7, 2010 | Big Government, Blogs, Free Market
Ever since the Supreme Court’s odious Kelo decision, which allowed a city in Connecticut to seize a woman’s home for the benefit of a politically-connected big corporation, there has been a deep concern that this would open the door to more examples of...
by Dan Mitchell | Jan 1, 2010 | Blogs, Economic Growth, Free Market
Great column by Arnold Kling and Nick Schulz on how markets really operate – and why government intervention either causes problems or prevents markets from fixing them. For those of you who care to get in the weeds, this is one of the reasons why the...