John Stossel Exposes the Fraud of Government Job Training Programs

by Dan Mitchell | Oct 3, 2012 | Blogs, Economics

There have been lots of studies showing that there’s no benefit to job training programs. People who sign up with these government schemes are not more likely to either get jobs or to earn more money. Heck, even the New York Times was forced to acknowledge that these...

Assuming You’re Intellectually Lazy, there’s a Very Strong Argument for Command-and-Control Regulation

by Dan Mitchell | Sep 26, 2012 | Big Government, Blogs, Regulations

Even though I’m a fiscal policy economist, I often get hit with questions on other topics. This frequently happens when I’m overseas and I’m put in the position of defending every nuance of free market policy. I don’t mind pontificating on other issues, but I get...

Another Dismal Assessment of Obamanomics: United States Drops to 7th in WEF’s Global Competitiveness Index

by Dan Mitchell | Sep 5, 2012 | Big Government, Blogs, Economics, Government Spending, Government Waste, Regulations

Every year, I look forward to the annual releases of both Economic Freedom of the World and the Index of Economic Freedom. With their comprehensive rankings, these two publications enable interested parties to compare nations and see which countries are moving in the...

Fed Critics Should Worry About More Than Easy Money and Inflation

by Dan Mitchell | Sep 2, 2012 | Big Government, Blogs, Economics, Regulations

If people are criticizing the Federal Reserve, it’s overwhelmingly likely that they are focused on the central bank’s poor conduct of monetary policy. And there’s plenty to criticize, as documented in this video featuring Professor George Selgin. I also have a video,...

Almost All Nations Are Heading for Collapse, but Greece Is Special (in a Bad Way)

by Dan Mitchell | Sep 1, 2012 | Big Government, Blogs

I wrote yesterday that the United Kingdom is doomed because there isn’t a political party with the vision or courage to restrain the welfare state. At various points, I’ve also expressed pessimism about the future of France, Germany, Italy, Spain, Ireland, and even...