by Dan Mitchell | Jun 30, 2024 | Blogs, Economics
Over the past few years, I’ve repeatedly emphasized Milton Friedman’s insight that central banks deserve blame for inflation. To illustrate, here are two charts. The first chart shows the Federal Reserve’s balance sheet. If you focus...
by Dan Mitchell | Jun 22, 2024 | Blogs, Economics
Back in February, I debunked a Washington Post story that tried to portray Biden’s economy as being successful merely because the U.S. was out-performing Europe. That’s true, but hardly a big achievement. More important, that type of...
by Dan Mitchell | Jun 8, 2024 | Blogs, Trade
In 2019, the Center for Freedom and Prosperity released this video documenting the benefits of free trade. The case for free trade between nations is the same as the case for free trade between states. Or between cities. Or between households. Economists...
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 | Jun 5, 2024 | Blogs, Crime, Society
Like so many politicians from both parties, Joe Biden and his family have figured out how to personally profit from big government (one of the many reasons why Washington is a “wretched hive of scum and villainy“). Though I’ll be the first to admit...
