by Dan Mitchell | Mar 14, 2021 | Blogs, Economics
Over the years, I’ve shared many amusing memes and cartoons about minimum wage laws. But this one, based on a skit from The Eric Andre Show, may be the best of all. Not because it’s making a different point than the others, but because what...
by Dan Mitchell | Jan 14, 2021 | Big Government, Blogs
Early last decade, a former Prime Minister of Iceland was brought before a special tribunal to determine whether he was legally responsible for his nation’s 2008 economic downturn. As you might imagine, I had mixed emotions about that story. On one...
by Dan Mitchell | Nov 11, 2020 | Blogs, Economics, States
For years, public finance experts have been warning about fiscally irresponsibility by state and local governments. Many of those governments have been spending too much money and making overly expensive promises to interest groups such as government...
by Dan Mitchell | Sep 29, 2020 | Blogs, Crime, Society
One might think that the most poorly governed city is a place such as San Francisco, Detroit, New York City, and Chicago. Or Seattle, if we just count recent history. But let’s not overlook Minneapolis. I wrote two months ago about that city’s hostility to capitalism,...
by Dan Mitchell | Sep 8, 2020 | Big Government, Blogs, Government Spending, Taxation
New York is in trouble from bad economic policy, especially excessive taxing and spending. This is one of the reasons why there’s been a steady exodus of taxpayers from the Empire State. The problem is especially acute for New York City, which has been suffering from...
