by Dan Mitchell | Jun 30, 2019 | Big Government, Blogs, Economics, Regulations
When I assess President Trump’s economic policy, I generally give the highest grade to his tax policy. But as I pointed out in this interview from last year, there’s also been some progress on regulatory policy, even if only in that the avalanche of red tape we were...
by Dan Mitchell | May 30, 2019 | Blogs, Economics, Minimum Wage
A couple of years ago, I praised federalism in part because state and local governments would be less likely to adopt bad policy (such as higher minimum wages) if they understood that jobs and investment could simply migrate to jurisdictions that didn’t adopt bad...
by Dan Mitchell | Apr 30, 2019 | Big Government, Blogs, Financial Privacy, Regulations
I’m not a big fan of so-called anti-money laundering (AML) requirements. They are pointless. They are expensive. They are intrusive. They are discriminatory. They are ineffective. They disproportionately hurt poor people. And things are getting worse because these...
by Dan Mitchell | Apr 19, 2019 | Big Government, Blogs, Monetary Policy
What’s the biggest problem with the Federal Reserve? The obvious answer is that the Central Bank is susceptible to Keynesian monetary policy, which results in a harmful boom-bust cycle. For instance, the Fed’s artificially low interest rates last decade played a key...
by Dan Mitchell | Mar 25, 2019 | Blogs, Economics
I have this quaint notion that the Constitution guarantees economic liberty by limiting the power of Washington. Needless to say, parental leave is not one of the enumerated powers in Article 1, Section 8. Sadly, many people (include the Chief Justice of the Supreme...
