by Dan Mitchell | Mar 5, 2022 | Blogs, Economics, Trade
In Part I of this series, I pointed out that Biden’s plethora of proposed handouts and subsidies would lead to higher prices and more inefficiency. And in Part II, I explained that his discussion of inflation was embarrassingly inaccurate. In today’s column, we’re...
by Dan Mitchell | Jan 1, 2022 | Big Government, Blogs, Government Spending, Taxation
It’s an annual tradition (2021, 2020, 2019, 2018, etc) to list a handful of things that I hope might happen in the upcoming year, as well as the things I fear may happen. Sadly, since I understand the economics of “public choice” (something...
by Dan Mitchell | Nov 3, 2021 | Blogs, Free Market, Trade
I’ve shared several videos (here, here, here, and here) that use rigorous data to show that grinding poverty and severe material deprivation was the norm for humanity – until capitalism gained a foothold a few hundred years ago. Fortunately, as free...
by Dan Mitchell | Jul 17, 2021 | Big Government, Blogs, Taxation, Trade
I’ve been warning, over and over and over again, that a European-style welfare state means huge tax increases on ordinary people. Simply stated, there are not enough rich people to finance big government...
by Dan Mitchell | Jul 13, 2021 | Blogs, Taxation, Trade
Over the past four years, Donald Trump presumably was the biggest threat to global trade. His ignorant protectionism hurt American consumers and businesses – and undermined the competitiveness of the U.S. economy. Over the next four...
