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Mitchell’s Law: Bad Trade Policy Leads to Bad Farm Policy

Mitchell’s Law: Bad Trade Policy Leads to Bad Farm Policy

by Dan Mitchell | Dec 9, 2025 | Blogs, Trade

Back in 2018, I wrote about Trump’s foolish protectionism backfiring against American farmers. But rather than reverse the mistake of higher taxes on trade, Trump decided to take more money from taxpayers and give it to farmers. This was a tragic...
Trade, Farm Subsidies, and Mitchell’s Law

Trade, Farm Subsidies, and Mitchell’s Law

by Dan Mitchell | Jul 12, 2018 | Big Government, Blogs

A couple of days ago, I shared a segment from a TV interview about trade and warned that retaliatory tariffs were a painful consequence of Trump’s protectionism. I also was asked in that interview about the negative effect on farmers. I speculated that farmers (and...
Expanding Government to Address Problems Caused by Previous Expansions of Government, the U.K. Version

Expanding Government to Address Problems Caused by Previous Expansions of Government, the U.K. Version

by Dan Mitchell | May 9, 2018 | Big Government, Blogs, Welfare and Entitlements

According to research from the Bank for International Settlements, the long-term fiscal outlook for the United Kingdom is very grim. The data generated by the International Monetary Fund and the Organization for Economic Cooperation and Development isn’t quite as...
Mitchell’s Law and the Lather-Rinse-Repeat Cycle of Government Failure

Mitchell’s Law and the Lather-Rinse-Repeat Cycle of Government Failure

by Dan Mitchell | Nov 22, 2016 | Big Government, Blogs

One of the many frustrations of working in Washington is that politicians, when dealing with a problem created by government intervention, routinely propose that the solution is to give even more power to government. And since they are either unwilling or unable to...

Who Should Be Blamed for the Rising Cost of College?

by Dan Mitchell | Dec 13, 2012 | Blogs, Education

Notwithstanding the title of this post, perhaps nobody deserves blame. Sometimes, a good or service rises in price solely as a result of changes in supply and demand. And if the price of something climbs because of market forces, then it’s merely a reflection of...
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