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 | Jun 7, 2024 | Blogs, Monetary Policy
Economists say inflation is the result of bad monetary policy. The Biden White House, however, says inflation is caused by greedy companies. I debunk that nonsensical claim in this excerpt from a recent discussion on Let People Prosper. At the risk of...
by Dan Mitchell | May 20, 2024 | Blogs, Economics
A big problem for Joe Biden, as I’ve repeatedly noted, is that families are on an economic treadmill. Simply stated, inflation has been climbing as fast (or sometimes faster) than wages. That’s not a recipe to make a politician popular. Now...
by Dan Mitchell | Apr 26, 2024 | Big Government, Blogs, Government Spending
The most important election of 2023 took place in Argentina, where that nation’s voters elected the libertarian candidate, Javier Milei, as their new president. I discussed the outlook for Milei’s agenda on a recent appearance of the Schilling Show....
by Dan Mitchell | Apr 17, 2024 | Blogs, Economics, Trade
Five years ago, I shared this video explaining why trade deficits generally don’t matter. The most important thing to understand is that a trade deficit is the same thing as a financial account surplus (formerly known as a capital surplus), which is easy to...
