by Dan Mitchell | Jan 17, 2024 | Big Government, Blogs, Economics, Regulations
The great French economist from the 1800s, Frederic Bastiat, famously explained that good economists are aware that government policies have indirect effects (the “unseen”). Bad economists, by contrast, only consider direct effects (the...
by Dan Mitchell | Sep 10, 2023 | Opinion and Commentary
Originally published by DC Journal on August 30, 2023. Competition is integral to the functioning of a prosperous market economy. It drives innovation, efficiency and responsiveness to consumer needs. Unfortunately, politicians often mistake their role in the process....
by CF&P | Aug 30, 2023 | News, Press Releases
For Immediate ReleaseWednesday, August 30, 2023 Biden Price Control Scheme Will Lead to Shortages and Rationing (Washington, D.C., Wednesday, August 30, 2023) CF&P Vice President Brian Garst released the following statement condemning the Biden administration’s...
by Dan Mitchell | Aug 16, 2023 | Blogs, Economics, Free Market
Bad policies (industrial policy, protectionism, rent control, minimum wage laws, etc) have a common feature, which is that politicians are trying to replace the “spontaneous order” of markets with intervention and planning. In this new video, John...
by Dan Mitchell | May 8, 2023 | Opinion and Commentary
Originally published by the Washington Times on May 1, 2023. Ironically, the politicians most likely to claim “democracy is in crisis” are those who established and supported a powerful federal agency specifically designed to limit the ability of Congress and the...