Assessing Javier Milei, the World’s Best Leader: Part V

by Dan Mitchell | Dec 1, 2024 | Big Government, Blogs, Regulations

Here’s what I’ve written so far as part of my multi-part series on Argentina’s libertarian president. In Part 1 of this series, I showed how Javier Milei has done a great job shrinking the burden of government spending. In Part II, I investigated how much he...

A Second Edition of Trump: Will He Join with the Radical Left to Impose Price Controls?

by Dan Mitchell | Nov 24, 2024 | Blogs, Economics

Earlier this year, I shared this video about the foolishness of price controls on credit card interest rates. I’m recycling this video because we have a potentially very unfortunate example of bipartisanship developing in Washington. Some very left-wing Democratic...

Government Intervention and (Convincing People about) the Unintended Consequences of Good Intentions

by Dan Mitchell | Nov 23, 2024 | Blogs, Economics

I have opined many times about the folly of minimum wage laws. Today, starting with this great video from Reason, let’s look at the narrower topic of wages for restaurant workers. The obvious takeaway is that government intervention has backfired. A second takeaway is...

Blame Washington for the Great Depression, Part II

by Dan Mitchell | Nov 19, 2024 | Big Government, Blogs, Economics

With regards to economic policy, Herbert Hoover and Franklin Roosevelt were two peas in a pod. They both responded to an economic downturn by dramatically expanding the size and scope of government. As a result of those mistakes, they...

A Second Edition of Trump: Can He Win the War on Red Tape?

by Dan Mitchell | Nov 14, 2024 | Big Government, Blogs, Regulations

So far in this series, we have looked at what a second Trump presidency might mean for the following three issues. The number of government bureaucrats. Controlling the burden of federal spending. The Department of Government Efficiency. Today, let’s...