by Dan Mitchell | Aug 30, 2024 | Blogs, Economics, Trade
Frederic Bastiat, the great French economist from the 1800s, explained that a good economist looks at both direct effects and indirect effects of government policies. Here are a few examples. If tax rates are increased, a good economist will look at the...
by Dan Mitchell | Mar 22, 2024 | Blogs, Economic Growth
About 12 years ago, there was a controversial claim (based in part on some of my analysis) that Obama was the most fiscally conservative president of the 1980-2012 period, which includes Reagan. I crunched the numbers to show where that claim was true...
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 29, 2023 | Big Government, Economics
As explained by public intellectuals such as Milton Friedman, Johan Norberg, John Stossel, and Orphe Divougny, the argument against minimum wage requirements is very simple. If politicians dictate that people can’t be employed unless they receive,...
by Dan Mitchell | Dec 1, 2023 | Blogs, Economics
It’s very hard to give Joe Biden a good grade for economic policy after examining issues such as subsidies, inflation, protectionism, household income, fiscal policy, red tape, employment, and poverty. So I was surprised last...
