by Dan Mitchell | Aug 9, 2024 | Big Government, Blogs, Regulations, States
When I write about regulation, it’s usually to highlight how red tape is causing bad outcomes in specific sectors (banking, child care, dentistry, credit cards, the Internet, etc). But I’m a big fan of jurisdictional...
by Dan Mitchell | Jul 14, 2024 | Big Government, Blogs
I’m not a political pundit, but I’m guessing that yesterday’s despicable assassination attempt on Donald Trump increases the likelihood that he reclaims the White House. That’s probably not good news for trade policy (though Biden has been just as bad),...
by Dan Mitchell | Jun 28, 2024 | Big Government, Blogs, Regulations
I’ve repeatedly explained that government red tape generally fails a cost-benefit test. Today, we’re going to look at a practical example. Four economists (Anna Claire Flowers, Vincent J. Geloso, Clara E. Piano, and Lyman R. Stone)...
by Dan Mitchell | Jun 19, 2024 | Blogs
I don’t like bad monetary policy by central bankers. I especially don’t like bad monetary policy when central bankers refuse to accept responsibility for their mistakes. I’ve already written about blame-shifting by the Bank of England. An even...
by Dan Mitchell | Apr 4, 2024 | Big Government, Blogs, Economics, Regulations
Sensible regulation requires cost-benefit analysis. In other words, do the positive effects of a government intervention outweigh the negative effects? For instance, a nationwide, 5-miles-per-hour speed limit definitely would reduce traffic fatalities,...