by Dan Mitchell | Jan 5, 2017 | Big Government, Blogs, Economics, Regulations
It’s time to channel the wisdom of Frederic Bastiat. There are many well-meaning people who understandably want to help workers by protecting them from bad outcomes such as pay reductions, layoffs, and discrimination. My normal response is to remind them that the best...
by Dan Mitchell | Dec 21, 2016 | Blogs, Economics, Free Market
There’s a meme on Facebook and Twitter that asks people to “confess your unpopular opinions.” I suppose I could play that game by saying that I’d rather eat fast food than patronize most fancy restaurants (especially if I have to pay the bill!). And I’ve...
by Dan Mitchell | Sep 9, 2016 | Big Government, Blogs, Economics, Regulations
Frederic Bastiat, the great French economist (yes, such creatures used to exist) from the 1800s, famously observed that a good economist always considers both the “seen” and “unseen” consequences of any action. A sloppy economist looks at the recipients of government...
by Dan Mitchell | Aug 5, 2016 | Blogs, Crime, Economics, Society
I thought it was a remarkable development last year when a columnist from the New York Times reported that supposedly pro-feminist policies actually backfire against women. Maybe this would help readers recognize that there are adverse unintended consequences of...
by Dan Mitchell | Jun 27, 2016 | Big Government, Blogs, Economics, Europe
The United Kingdom is getting a lot of attention because voters just chose to leave the European Union. I think this was the smart choice. Yes, there will be some short-run economic volatility, but the long-run benefits should make it worthwhile. Sort of like...
