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How Government Intervention Makes Housing More Expensive

How Government Intervention Makes Housing More Expensive

by Dan Mitchell | Jan 6, 2020 | Big Government, Blogs, Economics

Just as the sun rises in the east and sets in the west, there are some consistent patterns with government. Politicians, for instance, will enact a policy that distorts the economy and causes damage (with regards to trade, bailouts, guns, health, whatever). And...
The Trump-Obama Approach on Fannie Mae and Freddie Mac Will Lead to Future Financial Instability

The Trump-Obama Approach on Fannie Mae and Freddie Mac Will Lead to Future Financial Instability

by Dan Mitchell | Sep 29, 2019 | Big Government, Blogs

The 2008 financial crisis was largely the result of bad government policy, including subsidies for the housing sector from Fannie Mae and Freddie Mac. This video is 10 years old, but it does a great job of explaining the damaging role of those two government-created...
How Government Intervention Makes Housing More Expensive

Time to Fully Repeal the Tax Deduction for Home Mortgage Interest

by Dan Mitchell | Aug 5, 2019 | Blogs, Economics, Taxation

In my libertarian fantasies, we dramatically shrink the size of the federal government and return to pre-1913 policy by getting rid of the income tax. But if I’m forced to be at least vaguely realistic, the second-best option is scrapping the current tax code and...
A Learnable Moment from San Francisco about Government Regulation

A Learnable Moment from San Francisco about Government Regulation

by Dan Mitchell | May 29, 2019 | Big Government, Blogs, Regulations

While I constantly criticize the statist policies that are imposed in California, I can understand why people want to live there. There’s plenty of sunshine, a temperate climate, low humidity, and nice scenery. I even realize that lots of people like San Francisco,...
Is Trump’s Treasury Department Supporting a Cronyist Plan to Empower Fannie Mae and Freddie Mac?

Is Trump’s Treasury Department Supporting a Cronyist Plan to Empower Fannie Mae and Freddie Mac?

by Dan Mitchell | Mar 5, 2019 | Big Government, Blogs, Economics

What’s the worst thing the government does? That’s a difficult question to answer. I’ve argued that giving U.S. tax dollars to the OECD is the worst item in the budget, on a per-dollar-spent basis. And I’ve expressed scathing disdain for the horrid practice of civil...
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