by Dan Mitchell | Aug 8, 2022 | Big Government, Blogs, Economics
A big argument for free enterprise over statism is that the former delivers growth while the latter leads to stagnation. And that’s very apparent when you review decades of data. The case for capitalism is especially powerful if you care...
by Dan Mitchell | Aug 4, 2022 | Big Government, Blogs, Government Spending
I don’t like shoveling more money at a corrupt IRS, hurting jobs with higher taxes on “book income,” price controls on prescription drugs, or green-energy pork. But, as explained in this video clip, the insult added to injury is that the...
by Dan Mitchell | Jul 16, 2022 | Blogs, Economics
There has been plenty of bad economic news for Joe Biden, most notably rising levels of inflation. He also is being criticized for his tax-and-spend fiscal agenda. And mocked for his assertions about red ink. But I think his main problem is this...
by Dan Mitchell | Jul 14, 2022 | Blogs, Monetary Policy
Milton Friedman wisely observed that inflation is always the result of bad monetary policy by central banks. And I echoed that point last month in remarks to the European Resource Bank meeting in Stockholm. This topic deserves more attention, particularly given...
by Dan Mitchell | Jun 16, 2022 | Big Government, Blogs, Energy
At the risk of understatement, big government has a dismal track record of imposing higher costs on the private sector, both directly and indirectly. Which is why this cartoon definitely belongs in my mock-government...
