by Dan Mitchell | Sep 9, 2016 | Big Government, Blogs, Economics, Regulations
Frederic Bastiat, the great French economist (yes, such creatures used to exist) from the 1800s, famously observed that a good economist always considers both the “seen” and “unseen” consequences of any action. A sloppy economist looks at the recipients of government...
by Dan Mitchell | Jun 27, 2016 | Big Government, Blogs, Economics, Europe
The United Kingdom is getting a lot of attention because voters just chose to leave the European Union. I think this was the smart choice. Yes, there will be some short-run economic volatility, but the long-run benefits should make it worthwhile. Sort of like...
by Dan Mitchell | Jun 22, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian
The American economy is in the doldrums. And has been for most this century thanks to bad policy under both Obama and Bush. So what’s needed to boost growth and create jobs? A new video from Learn Liberty, narrated by Professor Don Boudreaux (who also was the narrator...
by Dan Mitchell | Jun 9, 2016 | Blogs, Economics
What’s the most important economic statistic to gauge a society’s prosperity? I often use per-capita economic output when comparing nations. But for ordinary people, what probably matters most is household income. And if you look at the median household income numbers...
by Dan Mitchell | Jan 18, 2016 | Big Government, Blogs, Economics, Welfare and Entitlements
Let’s dig into the issue of whether the United States should become more like France. In a 2014 study for the National Bureau of Economic Research, Stanford University’s Robert Hall wrote about America’s sub-par economic performance. His opening line was basically a...
