by Dan Mitchell | Oct 5, 2012 | Blogs, Economics, Taxation
In a violation of the 8th Amendment’s prohibition against cruel and unusual punishment, my brutal overseers at the Cato Institute required me to watch Wednesday’s debate (you can see what Cato scholars said by clicking here). But I will admit that it was good to...
by Dan Mitchell | Sep 28, 2012 | Blogs, Economics
I despise protectionism. Mostly because it is bad economic policy, but also because politicians often use protectionism as a way of diverting attention from their own failures. So when I appeared on Neil Cavuto’s show to comment on President Obama’s criticism of...
by Dan Mitchell | Sep 25, 2012 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’m part of a just-posted online Debate Club sponsored by U.S. News & World Report which asks “Is the United States a Nation of ‘Makers and Takers?’” My contribution to the discussion is basically a reworked version of what I wrote last week about Romney and the...
by Dan Mitchell | Sep 19, 2012 | Blogs, Free Market
Wow. I wasn’t surprised to learn that the United States dropped in the new rankings unveiled today in Economic Freedom of the World. But I’m somewhat shocked to learn that we fell from 10th last year all the way down to 18th this year, as can be seen on the chart...
by Dan Mitchell | Sep 12, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian
The great Ronald Reagan famously said (and I am paraphrasing, since I do not remember the exact phrase) that the most dangerous words in the English language were “I am from Washington and I am here to help you.” Those are very wise words, especially when we think of...