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...
by Dan Mitchell | Feb 24, 2024 | Big Government, Blogs, Economics, Free Market, Regulations
I periodically share Mark Perry’s famous “Chart of the Century” to show that government intervention is a recipe for rising relative prices.* Since economic principles don’t change when you cross national borders, one might expect to see...
