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Government-Directed Industrial Policy Will Hinder China’s Growth

Government-Directed Industrial Policy Will Hinder China’s Growth

by Dan Mitchell | Mar 9, 2019 | Blogs

During my early years in public policy, back in the late 1980s, I repeatedly crossed swords with people who argued that Washington should have more power over the economy so that the United States could compete with Japan, which supposedly was an economic juggernaut...
Is Trump’s Treasury Department Supporting a Cronyist Plan to Empower Fannie Mae and Freddie Mac?

Is Trump’s Treasury Department Supporting a Cronyist Plan to Empower Fannie Mae and Freddie Mac?

by Dan Mitchell | Mar 5, 2019 | Big Government, Blogs, Economics

What’s the worst thing the government does? That’s a difficult question to answer. I’ve argued that giving U.S. tax dollars to the OECD is the worst item in the budget, on a per-dollar-spent basis. And I’ve expressed scathing disdain for the horrid practice of civil...
Philadelphia’s Soda Tax Backfired (for Everyone other than Politicians)

Philadelphia’s Soda Tax Backfired (for Everyone other than Politicians)

by Dan Mitchell | Jan 28, 2019 | Blogs, Taxation

I’ve periodically opined about why politicians should not try to control people’s behavior with discriminatory taxes, such as the ones being imposed on soda. And I’ve cited some examples of how these taxes backfire. The big drop in soda purchases after a tax on sugary...
More and More Evidence that Higher Minimum Wages Mean Fewer Jobs and Less Opportunity

More and More Evidence that Higher Minimum Wages Mean Fewer Jobs and Less Opportunity

by Dan Mitchell | Jan 15, 2019 | Uncategorized

How many times can you say the same thing over and over and over again? When it comes to the minimum wage, we may never know the answer. No matter how often new research is produced showing that low-skilled workers are hurt when politicians cut off the bottom rungs of...

Another Anti-Market Policy by Trump

by Dan Mitchell | Nov 23, 2018 | Big Government, Blogs, Health Care

While I have no objection to applauding Donald Trump’s good policies such as tax reform and deregulation, I also don’t hesitate to criticize his bad policies. His big missteps are protectionism and fiscal profligacy, but he also does small things that are misguided....
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