by Dan Mitchell | Sep 10, 2025 | Blogs, Economic Growth
When assessing the strength of the labor market, it’s more important to focus on the employment rate rather than the unemployment rate. After all, economic output is a function of the quantity and quality of labor and capital in the economy. And...
by Dan Mitchell | Jul 11, 2025 | Big Government, Blogs, Regulations
Part I of this video series gave a brief summary of how Javier Milei’s free market policies have rejuvenated Argentina’s economy. But more reform is needed and this second video makes the case for labor market deregulation. Politicians impose so-called...
by Dan Mitchell | Dec 29, 2023 | Big Government, Economics
As explained by public intellectuals such as Milton Friedman, Johan Norberg, John Stossel, and Orphe Divougny, the argument against minimum wage requirements is very simple. If politicians dictate that people can’t be employed unless they receive,...
by Dan Mitchell | Dec 1, 2023 | Blogs, Economics
It’s very hard to give Joe Biden a good grade for economic policy after examining issues such as subsidies, inflation, protectionism, household income, fiscal policy, red tape, employment, and poverty. So I was surprised last...
by Dan Mitchell | Sep 26, 2023 | Blogs, Economics
There was a lot of bad policy during the pandemic, with the health bureaucracies (the CDC and FDA) being especially incompetent. But we also got lots of policy mistakes from elected officials, including trillions of dollars of fraud-riddled...