by Dan Mitchell | Apr 6, 2019 | Blogs, Economics, Keynesian, Monetary Policy
Being a policy wonk in a political town isn’t easy. I care about economic liberty while many other people simply care about political maneuvering. And the gap between policy advocacy and personality politics has become even larger in the Age of Trump. One result is...
by Dan Mitchell | Apr 1, 2019 | Blogs, Economics, Monetary Policy
Back in January, I spoke with Cheddar about market instability and put much of the blame on the Federal Reserve. Simply stated, I fear we have a bubble thanks to years and years (and years and years) of easy money and artificially low interest rates. To be sure,...
by Dan Mitchell | Oct 16, 2018 | Blogs, Economics
When Trump imposes protectionist trade barriers, he doesn’t realize that the harm imposed on other nations is matched by damage to the U.S. economy. As I warn in this interview, something similar could happen if the federal government convinces other nations to reject...
by Dan Mitchell | Oct 14, 2018 | Blogs, Economics
I periodically explain that you generally don’t get a recession by hiking taxes, adding red tape, or increasing the burden of government spending. Those policies are misguided, to be sure, but they mostly erode the economy’s long-run potential growth. If you want to...
by Dan Mitchell | Jan 1, 2018 | Big Government, Blogs, Welfare and Entitlements
Happy New Year! We listed yesterday the good and bad policy developments of 2017, so now let’s speculate about potential victories and defeats in 2018. Here are two things I hope will happen this year. Welfare reform – If my friends and contacts on Capitol Hill are...
