by Dan Mitchell | Feb 24, 2024 | Big Government, Blogs, Economics, Free Market, Regulations
I periodically share Mark Perry’s famous “Chart of the Century” to show that government intervention is a recipe for rising relative prices.* Since economic principles don’t change when you cross national borders, one might expect to see...
by Dan Mitchell | Feb 23, 2024 | Big Government, Blogs, Economic Growth
In various ways (hourly wages, total compensation, household income, earnings growth), I’ve pointed out that falling living standards have been the biggest downside of Biden’s economic policies. Simply stated, inflation has been rising faster than...
by Dan Mitchell | Dec 26, 2023 | Big Government, Blogs
Writing about the economic tragedy of Argentina, I’ve explained that one major problem is inflation, thanks to that country’s version of “modern monetary theory.” This is not a trivial problem. Here’s a chart, from a recent...
by Dan Mitchell | Nov 27, 2023 | Blogs, Monetary Policy, Taxation
The British economy recently has been hammered by rising prices for the same reason that the American economy and the Eurozone economies were hurt by inflation. Simply stated, central bankers engaged in reckless monetary policy. And the...
by Dan Mitchell | Nov 16, 2023 | Blogs, Economics, Monetary Policy
When Reagan campaigned for the White House, his economic plan was based on four pillars. I wrote a study about those policies for the Club for Growth Foundation and I wanted to answer two questions. First, was Reaganomics successful? Second, should...
