by Dan Mitchell | Jun 19, 2022 | Blogs, Economics
As John Stossel discusses in this new video, few economic policies are as insanely foolish as rent control. As you saw in the video, supporters of rent control tend to be the cranks and crazies, such as Bernie Sanders and Alexandria Ocasio-Cortez. The...
by Dan Mitchell | Apr 4, 2022 | Blogs, Economics
In Part I of this series, Professor Don Boudreaux explained the folly of price controls, and Professor Antony Davies was featured in Part II. Now let’s see some commentary from the late, great, Milton Friedman. As Professor Friedman explained, the economics of price...
by Dan Mitchell | Nov 14, 2021 | Blogs, Economics
There are some issues – such as class-warfare tax rates and the minimum wage – where intelligent people on the left will privately admit being wrong (or at least they will admit adverse consequences). Another example is rent control. Indeed,...
by Dan Mitchell | Jul 7, 2021 | Blogs, Economics
I’ve written nearly 6,100 columns for International Liberty, but only one of those columns has focused on Lebanon. That was back in 2018, when I explained how the nation could have avoided a fiscal crisis with a spending cap. Now it’s time to once...
by Brian Garst | Jul 1, 2021 | Blogs
It’s a common practice to disguise self interest as public service to win support. Vox provides such an example in its one-sided coverage of the question of credit card swipe fees. Merchants and retailers have tried for years to secure subsidies in the form of...
