by Dan Mitchell | Aug 9, 2015 | Big Government, Blogs, Economics, Regulations
What’s the best way to understand the burden of government regulation and red tape? Is it better to focus on the overall burden by sharingdata about aggregate cost, job losses, time wasted, and foregone growth? Or is it better to look at specific examples of...
by Dan Mitchell | Aug 7, 2015 | Blogs, Economics
Is the third time the charm, at least for bailouts? First, we had the TARP bailout in the United States, and that turned out to be a corrupt mess. Second, we had the Greek bailout, which has squandered hundreds of billions of euros to prop up a welfare state. Now we...
by Dan Mitchell | Jul 20, 2015 | Blogs, Economics
I’ve written before about the tremendous success of Hong Kong. The jurisdiction routinely is ranked as being the world’s freest economy, and its fiscal policy is a role model for spending restraint. One reason Hong Kong has prospered is that it has enjoyed a policy of...
by Dan Mitchell | Jul 16, 2015 | Blogs, Taxation
When I wrote about the media, it’s generally to criticize sloppy and/or biased reporting But maybe I need to have a new category that features misleading headlines. For instance, here’s a report by Fox Business News that grabbed my attention because of the headline....
by Dan Mitchell | Jul 11, 2015 | Big Government, Blogs, Economics, Free Market
When I first got to Washington in the mid-1980s, one of the big issues was the supposedly invincible Japanese economy. Folks on the left claimed that Japan was doing well because the government had considerable power to micro-manage the economy with industrial policy....