by Dan Mitchell | Aug 16, 2024 | Blogs, Economics
As a Senator, Kamala Harris embraced all sorts of terrible ideas, such as the Green New Deal and Medicare for All. But she’s now disavowed those proposals in an attempt to make herself seem more reasonable. Trump, by contrast, is consistent. For...
by Dan Mitchell | Mar 15, 2024 | Big Government, Blogs, Regulations
I have a three-part series on why price controls are misguided (here, here, and here). In this clip from a recent appearance on Vance Ginn’s Let People Prosper, I look at the specific example of price controls on late fees. While I think my points are sound, I confess...
by CF&P | Mar 5, 2024 | News, Press Releases
For Immediate ReleaseTuesday, March 5, 2024 CF&P Responds to CFPB Credit Card Price Controls (Washington, D.C., Tuesday, March 5, 2024) Today’s finalization of a Consumer Financial Protection Bureau (CFPB) rule to impose price controls on credit cards will...
by Dan Mitchell | Feb 25, 2024 | Blogs, Economics
When writing about rent control in the past, I’ve used words like “horrid” and “lunacy.” And let’s not forget “folly.” The policy is (as I wrote in 2019) the “triumph of vote counting over sound economics.” This short video provides a good summary. By the way, the...
by Brian Garst | Feb 14, 2024 | Testimony and Speeches
[PDF] February 9, 2024 The Honorable Jerome H. PowellChairBoard of Governors of the Federal Reserve System20th Street and Constitution Avenue, N.W.Washington, D.C. 20551 Re:...