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...
by Dan Mitchell | Jul 25, 2020 | Blogs, Economics, Free Market
I recently speculated whether Seattle should be considered the worst-governed city in the country. Though there’s lots of competition for that honor from places like San Francisco, Detroit, New York City, and Chicago. And John Stossel makes a compelling case for...
by Dan Mitchell | Jul 16, 2020 | Blogs, Economics, Socialism
Not all bad city governments are alike. In places like Chicago, local politicians generally impose bad policy because they’re buying votes (especially the votes of bureaucrats), not because they’re motivated by ideology. But as you can see from this video, some...
by Dan Mitchell | Jun 27, 2020 | Big Government, Blogs, Government Spending
Some people say that California is the worst-governed state (I would probably choose Illinois or New Jersey, but it’s a close race). And if you wanted to pick the worst-governed place in California, San Francisco might be at the top of the list. The city manages to...
by Dan Mitchell | Jun 25, 2020 | Blogs
I’m a long-time critic of the Federal Reserve, Fannie Mae, and Freddie Mac, but I had no idea they would produce something as bad as the 2008 financial meltdown. It’s not easy to predict the timing and severity of a crisis. Unless we’re talking about the ticking time...
