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Anti-Economics from The Economist

Anti-Economics from The Economist

by Dan Mitchell | Sep 27, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian

When I was younger, folks in the policy community joked that BusinessWeek was the “anti-business business weekly” because its coverage of the economy was just as stale and predictably left wing as what you would find in the pages of Time or Newsweek. Well, perhaps...

The War Against Cash, Part II

by Dan Mitchell | Dec 27, 2015 | Blogs, Economics, Financial Privacy, Keynesian, Monetary Policy

I wrote yesterday that governments want to eliminate cash in order to make it easier to squeeze more money from taxpayers. But that’s not the only reason why politicians are interested in banning paper money and coins. They also are worried that paper money inhibits...
Yes, We Should Clip the Wings of the Federal Reserve’s Philosopher Kings

Yes, We Should Clip the Wings of the Federal Reserve’s Philosopher Kings

by Dan Mitchell | Nov 17, 2015 | Blogs, Economics

We’ve been suffering through the weakest recovery since the Great Depression. Labor force participation hasn’t recovered and median household income is stagnant. So how are our benevolent and kind overseers in Washington responding? Are they reducing the burden of...

Economic Freedom in America Is Declining Mostly Because of Creeping Protectionism and the Loss of Rule of Law and Property Rights

by Dan Mitchell | Aug 25, 2015 | Big Government, Blogs, Economics, Regulations

This century has not been good news for economic liberty in the United States. According to Economic Freedom of the World, America has dropped from being the 3rd-freest economy of the world in 2001 to the 12th-freest economy in themost recent rankings. Perhaps more...
Yes, We Should Clip the Wings of the Federal Reserve’s Philosopher Kings

Bubbles, Easy Money, and Free-Lunch Monetary Policy

by Dan Mitchell | Aug 23, 2015 | Blogs, Economics

What’s the biggest economic fallacy on the left? What’s the defining mistake for our statist friends? One obvious answer is that many of them hold the anti-empirical belief that the economy is  a fixed pie and that one person can’t climb the economic ladder unless...
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