by Dan Mitchell | Oct 30, 2024 | Blogs, Economics
From a big-picture economic perspective, Kamala Harris has some terrible proposals. Taxing unrealized capital gains. Gutting welfare reform with per-child handouts. Increasing the overall burden of spending. What scares me most, however, is that she might...
by Dan Mitchell | Jul 29, 2024 | Blogs, Economics
Regulations can be theoretically justified. Proponents simply need to show that expected benefits will be greater than likely costs. That’s the good news. The bad news is that very few examples of red tape pass this simple test. The net result is that we...
by Dan Mitchell | Apr 23, 2023 | Big Government, Blogs
Perverse housing subsidies from two corrupt government-created entities, Fannie Mae and Freddie Mac, played a huge role in causing the 2008 financial meltdown. Yes, bad monetary policy from the Federal Reserve provided the fuel, but...
by Dan Mitchell | Nov 14, 2021 | Blogs, Economics
There are some issues – such as class-warfare tax rates and the minimum wage – where intelligent people on the left will privately admit being wrong (or at least they will admit adverse consequences). Another example is rent control. Indeed,...
by Dan Mitchell | Feb 16, 2020 | Blogs, Uncategorized
I have Republican friends who don’t trust Michael Bloomberg because he switched parties and Democratic friends who don’t trust him for the same reason. I tell all of them that it’s more important to focus on his policy agenda rather than his partisan identification....
