by Dan Mitchell | Jun 28, 2024 | Big Government, Blogs, Regulations
I’ve repeatedly explained that government red tape generally fails a cost-benefit test. Today, we’re going to look at a practical example. Four economists (Anna Claire Flowers, Vincent J. Geloso, Clara E. Piano, and Lyman R. Stone)...
by Dan Mitchell | May 19, 2024 | Big Government, Blogs, Financial Privacy, Regulations
I’ve repeatedly complained about the absurdity of anti-money laundering laws and regulations. As a libertarian, I don’t like that the government forces banks to spy on customers. As an economist, I don’t like that these laws don’t come...
by Dan Mitchell | May 3, 2024 | Big Government, Blogs, Regulations
Biden has pushed federal spending to record levels and he wants to push taxes to record levels. He’s also maintained and extended Trump’s protectionist policies. And we all know about his track record on inflation (he didn’t...
by Dan Mitchell | Apr 4, 2024 | Big Government, Blogs, Economics, Regulations
Sensible regulation requires cost-benefit analysis. In other words, do the positive effects of a government intervention outweigh the negative effects? For instance, a nationwide, 5-miles-per-hour speed limit definitely would reduce traffic fatalities,...
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...
