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...
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...
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...
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...
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...