by Dan Mitchell | Mar 4, 2020 | Blogs, Economics, Monetary Policy
The coronavirus is a genuine threat to prosperity, at least in the short run, in large part because it is causing a contraction in global trade. The silver lining to that dark cloud is that President Trump may learn that trade is actually good rather than bad. But...
by Dan Mitchell | Aug 23, 2019 | Blogs, Economics, Taxation, Trade
I wrote two days ago about how the White House is contemplating ideas to boost the economy. This is somewhat worrisome since “stimulus” plans oftentimes are based on Keynesian economics, which has a terrible track record. But there are policies that could help growth...
by Dan Mitchell | Aug 20, 2019 | Blogs, Economics, Keynesian
I was interviewed yesterday about the possibility of a recession and potential policy options. You can watch the full interview here and get my two cents about economic forecasting, as well as Keynesian monetary policy. In this segment, you can see that I’m also...
by Dan Mitchell | Jul 29, 2019 | Blogs, Economics, Keynesian
Earlier this month, I commented on a Wall Street Journal report that expressed puzzlement about some sub-par economic numbers in America even though politicians were spending a lot more money. I used the opportunity to explain that this shouldn’t be a mystery....
by Dan Mitchell | Jul 9, 2019 | Blogs, Economics, Keynesian
Given the repeated failures of Keynesian economic policy, both in America and around the world, you would think the theory would be discredited. Or at least be treated with considerable skepticism by anyone with rudimentary knowledge of economic affairs. Apparently...
