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Teaching Economics to Texans: Three Cheers (and Three Videos) for Price Gouging

Teaching Economics to Texans: Three Cheers (and Three Videos) for Price Gouging

by Dan Mitchell | Aug 28, 2017 | Blogs, Economics

I generally use Texas as a good example when discussing public policy. Particularly compared to places such as California. I like the sensible attitude about guns, but the absence of an income tax is particularly admirable when considering economic issues, and I...
John Stossel, Paul Krugman, and the Washington Swamp

John Stossel, Paul Krugman, and the Washington Swamp

by Dan Mitchell | Dec 3, 2016 | Big Government, Blogs

If you ask what worries me about the incoming Trump Administration, I’ll immediately point to a bunch of policy issues. Will Trump be too timid to deal with the huge entitlement problem? Will Trump do a business-as-usual pork-filled infrastructure deal? Will Trump’s...

If We Can’t End the Fed, Can We at Least Subject It to Competition?

by Dan Mitchell | Apr 8, 2012 | Blogs, Economics, Monetary Policy

Ron Paul has made “End the Fed” a popular slogan, but some people worry that this is a radical untested idea. In part, this is because it is human nature to fear the unknown. But there are plenty of examples of policy reforms that used to be considered radical but are...

The Pilgrims Learned from Their Mistakes, so Why Can’t Obama?

by Dan Mitchell | Nov 26, 2010 | Blogs, Economics

There’s an odd debate in the blogosphere. As happens every Thanksgiving, libertarians and conservatives take joy in pointing out that there was mass starvation and suffering during the early years of the Plymouth Colony because of a socialist economic model. Here’s...

Obama Should Listen to John Stossel if He Wants to Get Reelected

by Dan Mitchell | Aug 25, 2010 | Blogs, Economic Growth, Economics

One of the main factors determining incumbent election success is economic performance. When disposable income is rising and people feel good about the future, it is difficult for an incumbent to lose. So why, then, is Obama pursuing policies that are undermining...
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