by Dan Mitchell | Jun 5, 2021 | Blogs, Economics, Trade
Biden campaigned for higher taxes and a bigger welfare state, so I haven’t been surprised by his misguided fiscal agenda. That being said, I was modestly hopeful that he would move trade policy in the right direction after four years...
by Dan Mitchell | May 21, 2021 | Blogs, Economics
When I was first learning about economics in the 1970s and 1980s, Arthur Okun’s equality-efficiency tradeoff was part of just about any discussion of public policy. Folks on the left acknowledged that their policies would lead to less prosperity, but they...
by Dan Mitchell | May 6, 2021 | Blogs, Trade
Like President Reagan, I believe in free trade rather than protectionism. So you won’t be surprised that I agree with the message in this video: To elaborate, one of the big lessons of the Trump era is that he undermined his good policies – such...
by Dan Mitchell | Jan 20, 2021 | Big Government, Blogs, Economics, Regulations, Trade
Since both political parties have sent good and bad people to the White House, I don’t think it makes much sense to compare all Democratic presidents vs all Republican presidents. But we can learn a lot by looking at the track record of specific presidents....
by Dan Mitchell | Jan 1, 2021 | Blogs, Taxation, Trade
Yesterday was my review of the best and worst policy developments in 2020. Today, I’ll share my hopes and fears for 2021. These are not predictions (economists have a terrible track record when try to make forecasts). Instead, these are merely good and bad things that...