by Dan Mitchell | Aug 26, 2023 | Blogs, Economics
Industrial policy is when politicians use subsidies, mandates, protectionism, and other forms of intervention to provide unearned benefits to a specific companies and/or specific industries. The politicians claim that the free enterprise system somehow...
by Dan Mitchell | Aug 4, 2023 | Big Government, Blogs
Based on economic policy, was Richard Nixon America’s worst president? Or was it Herbert Hoover? How about Lyndon Johnson? And let’s not forget Woodrow Wilson. Those are all plausible options, but there’s a strong case to be made that Franklin...
by Dan Mitchell | Jul 27, 2023 | Blogs, Taxation
At the start of the year, I wrote that so-called tax expenditures were a “boring but important issue.” Well, it’s time to once again put readers to sleep. Let’s start with a definition. A tax expenditure is basically a loophole in the tax code. And these...
by Dan Mitchell | Jul 25, 2023 | Big Government, Blogs, Regulations
In addition to discussing politicians and insider trading, I also was asked about antitrust laws during my recent CNBC appearance. As you might imagine, I expressed skepticism about Biden’s plan for a more interventionist approach. My view is that mergers should...
by Dan Mitchell | Jul 17, 2023 | Big Government, Blogs, Regulations
Given the pro-big-government leanings of journalists, I sometimes complain about media bias. That being said, you can sometimes find displays of common sense and sound thinking. Even from places that almost always support bigger government and more...
