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The Potentially Big Downside Risks of Easy Money, QE, and Artificially Low Interest Rates

The Potentially Big Downside Risks of Easy Money, QE, and Artificially Low Interest Rates

by Dan Mitchell | Mar 3, 2015 | Blogs, Economics, Monetary Policy

During periods of economic weakness, governments often respond with “loose” monetary policy, which generally means that central banks will take actions that increase liquidity and artificially lower interest rates. I’m not a big fan of this approach. If an economy is...
Shut Down the Department of Education, End Federal Government Involvement and Intervention

Shut Down the Department of Education, End Federal Government Involvement and Intervention

by Dan Mitchell | Feb 25, 2015 | Big Government, Blogs, Education, Government Spending

To save the nation from a future Greek-style fiscal meltdown, we should reform entitlements. But as part of the effort to restore limited, constitutional government, we also should shut down various departments that deal with issues that shouldn’t be handled by the...

Should Government Regulators Make the Internet More Like the Post Office or DMV?

by Dan Mitchell | Feb 15, 2015 | Big Government, Blogs, Bureaucracy

The Internet has made all of our lives better, in part because there’s been an accidental policy of benign neglect from Washington. But that’s about to change. Even though our economy already is burdened by record amounts of regulation and red tape, the FCC is pushing...

Hoisting Obama on His Own Try-Something-New Petard

by Dan Mitchell | Feb 4, 2015 | Big Government, Blogs, Government Spending, Health Care

My Cato Institute colleague Michael Tanner has produced some first-rate substantive research on issues. He produced a study showing that personal retirement accounts would have been a better deal than Social Security even for people who retired at the depth of the...

Strangling Santa (and Everyone Else) with Regulation and Red Tape

by Dan Mitchell | Dec 24, 2014 | Big Government, Blogs, Regulations

How thoughtful. The President gave the economy a special gift before jetting off to Hawaii. The Obama administration is cramming like a college student trying to study for a final exam, publishing more than 1,200 new regulations in the last 15 days alone, according to...
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