by Dan Mitchell | Aug 21, 2015 | Blogs, Europe
Bernie Sanders, Vermont’s pseudo-socialist senator, thinks that America can learn from Europe. He’s right. But he’s also wrong. That’s because he thinks that Europe is a role model to emulate rather than a warning signal of mistakes to avoid. Needless to say, that’s...
by Dan Mitchell | Aug 10, 2015 | Blogs, Economics, Education
Over the past few years, Hillary Clinton has taken advantage of several opportunities to demonstrate that she doesn’t understand economics. Though that’s not a problem. I have friends who routinely demonstrate their economic ignorance by saying things that don’t make...
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...