by Dan Mitchell | Feb 28, 2022 | Big Government, Blogs
Spain is more economically backwards than most nations in Western Europe. As a public finance economist, my gut instinct is to blame bad fiscal policy. And there’s certainly plenty of evidence for that view. After all, taxes drive a...
by Dan Mitchell | Feb 21, 2022 | Big Government, Blogs, Free Market, Regulations
While specific examples can be very complex, the economic analysis of regulation is, at least in theory, quite simple. Rules and red tape impose burdens that hinder economic activity, and this leads to higher costs for businesses and consumers. These higher...
by Dan Mitchell | Jan 17, 2022 | Blogs, Economics
To explain why politicians should not interfere with prices, I’ve shared videos from Marginal Revolution, Don Boudreaux, Learn Liberty, and Russ Roberts. To add to that collection, here’s part of a lecture by Professor Antony Davies. The bottom...
by Dan Mitchell | Dec 27, 2021 | Big Government, Blogs
It’s hard to be optimistic about Japan’s economic future, in large part because the burden of government is expanding thanks to an aging population and a tax-and-transfer entitlement system. Maintaining that approach is a recipe for ever-higher...
by Dan Mitchell | Dec 16, 2021 | Big Government, Blogs, Regulations
If you’re a policy wonk, you’ll enjoy this history of how government regulation has hindered the development of telecommunications technology. I want to focus on the part of the video, beginning about 30:00, which discusses “net neutrality.” The interview with...
