by Dan Mitchell | Nov 29, 2021 | Big Government, Blogs, Regulations
Tax issues such as depreciation, net operating losses, worldwide taxation, and carry forwards probably set the record for inducing boredom, but I suspect most people also have little interest in a workforce issue known as “employment...
by Dan Mitchell | Nov 14, 2021 | Blogs, Economics
There are some issues – such as class-warfare tax rates and the minimum wage – where intelligent people on the left will privately admit being wrong (or at least they will admit adverse consequences). Another example is rent control. Indeed,...
by Dan Mitchell | Nov 12, 2021 | Blogs, Economics
Way back in 2009, I shared a meme that succinctly summarizes how Washington operates. It’s basically a version of Mitchell’s Law. To elaborate, governments cause problems and politicians then use those problems as an excuse to make government even...
by Dan Mitchell | Sep 6, 2021 | Big Government, Blogs, Economics, Regulations
In my fantasy country of Libertaria, there is no Department of Labor, no regulation of employment contracts between consenting adults, and no favoritism for either labor or management. In the real world, the relevant question is...
by Dan Mitchell | Aug 8, 2021 | Big Government, Blogs, Economics, Government Spending, Keynesian
Our friends on the left who want more government spending generally have a short-run argument and a long-run argument. In the short run, they assert that more government spending can stimulate a weak economy. This is typically known as Keynesian...
