by Dan Mitchell | May 13, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements
I wrote two days ago about subsidized unemployment, followed later in the day by this interview. This controversy raises a fundamental economic issue. I explained in the interview that employers only hire people when they expect a new worker will generate at...
by Dan Mitchell | May 11, 2021 | Blogs
Back in 2010, I applauded Paul Krugman for acknowledging that government unemployment benefits can encourage joblessness. And I even cited Krugman in this 2012 debate on the topic. We’re debating this issue again today, but it’s an even bigger problem...
by Dan Mitchell | Apr 24, 2021 | Big Government, Blogs, Government Waste
Today we’re going to mix two things that seem disconnected. Our first topic is federalism, which is the sensible principle that deciding things at the local level, or even state level, is better than being ruled by faraway politicians and a big, centralized...
by Dan Mitchell | Feb 9, 2021 | Blogs, Uncategorized
While I understandably don’t like politicians, I rarely think they are stupid. They do lots of idiotic things, of course, but they are making calculated decisions that it’s okay to hurt the economy if they achieve some political benefit. That’s...
by Dan Mitchell | Aug 4, 2020 | Blogs, Economics
In early June, I pontificated about the upside-down incentives that are created when government pays people more to be idle than they could get by working. This is a real-world concern because the crowd in Washington earlier this year approved a $600-per-week bonus...
