by Dan Mitchell | Mar 2, 2023 | Blogs
Most examples of Mitchell’s Law involve government passing a bad law (increase in minimum wage) that leads to a bad consequence (fewer jobs), which then becomes the excuse for a new bad law (job training programs). Sometimes, though, politicians don’t...
by Dan Mitchell | Dec 12, 2022 | Big Government, Blogs, Economics
One of my frustrations in life is that my friends on the left seem more interested in good intentions rather than good results. With regards to overall public policy, I challenge them with my “never-answered question” and they are unable to respond. With regards to...
by Dan Mitchell | Nov 1, 2022 | Big Government, Blogs
I’ve expressed opposition numerous times to so-called industrial policy because I don’t want politicians and bureaucrats to provide special favors to certain businesses or industries at the expense of everyone else. That’s a practice known...
by Dan Mitchell | Oct 19, 2022 | Blogs
I wrote many years ago that China did not have a “tiger economy.” Indeed, I subsequently pointed out that China’s growth is not impressive when compared to East Asian nations that did enjoy rapid growth. My goal was to convince people that the U.S....
by Dan Mitchell | May 6, 2022 | Big Government, Blogs, Economics
Politicians in Washington very much like the idea of industrial policy. Steve Forbes, however, warns that legislation to expand cronyism would be a very bad idea. As Steve notes, politicians foolishly claim we need our own version of industrial policy...
