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Shut Down Fannie Mae and Freddie Mac and Unleash the Free Market

by Dan Mitchell | Dec 18, 2016 | Blogs, Economics

Remember the financial crisis and market meltdown from late last decade? That wasn’t a fun time, and we’re still dealing with some of the fallout. Let’s specifically look at Fannie Mae and Freddie Mac, the two privately owned but government-created housing finance...
The Insane World of Agriculture Subsidies

The Insane World of Agriculture Subsidies

by Dan Mitchell | Dec 15, 2016 | Big Government, Blogs, Government Spending

I’ve argued before that the Department of Housing and Urban Development (HUD) should be the top target of those seeking to shut down useless and counterproductive parts of the federal government. And if President-Elect Trump’s choice for HUD Secretary, Ben Carson, is...
Trump’s Social-Engineering Scheme to Make the Tax Code More Complex and Increase the Cost of Child Care

Trump’s Social-Engineering Scheme to Make the Tax Code More Complex and Increase the Cost of Child Care

by Dan Mitchell | Aug 8, 2016 | Blogs, Taxation

When I wrote last year about “Hillary Clinton’s Plan to Increase the Cost of College,” I explained that colleges and universities boost tuition when the government hands out more subsidies to students, so the main effect is to make higher education even more...
Krugman, Higher Education, and the Myth of Spending Restraint

Krugman, Higher Education, and the Myth of Spending Restraint

by Dan Mitchell | Mar 12, 2016 | Blogs, Economics, Education

When I accuse my left-wing friends of deciding policy on the basis of feelings, intentions, and ideology, that’s not because I think those are bad motives. After all, I’m also guided by many of these factors. I have empathy for others, especially the disadvantaged. My...
The Insane World of Agriculture Subsidies

Ted Cruz and Rand Paul Deserve Praise for their Admirable and Principled Opposition to Corrupt Ethanol Subsidies

by Dan Mitchell | Jan 23, 2016 | Big Government, Blogs, Economics

Because I don’t like their plans for a value-added tax, some people seem to think that I am politically opposed to Rand Paul and Ted Cruz. That’s not true. Both Senators are generally strong proponents of free markets and limited government, so the fact that they have...
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