by Brian Garst | Apr 25, 2014 | Blogs, Economic Growth, Economics, Taxation
Thomas Picketty has received a lot of attention for his attack on capitalism. His new book Capital in the Twenty-first Century has breathed new life into old Marxist critiques of capitalism, and been elevated to the status of very important book by the designated...
by Dan Mitchell | Nov 14, 2013 | Big Government, Blogs, Economics, Europe, Free Market, Welfare and Entitlements
Switzerland’s left-wing party has instigated a referendum for November 24 that asks voters to limit pay ranges so that a company wouldn’t be able to pay top employees more than 12 times what they’re paying their lowest-level employees. I talked with Neil Cavuto about...
by Dan Mitchell | Mar 9, 2013 | Blogs, Economic Growth, Free Market
I’ve spent a lot of time debunking class-warfare tax policy, and I’ve certainly explained ’til I’m blue in the face that big government facilitates a pernicious form of corruption that enriches powerful and well-connected insiders. But I haven’t spent much time...
by Dan Mitchell | Jan 5, 2012 | Blogs, Health Care
I did a debate on income inequality for PBS, but haven’t written much about the issue because I think it is a misguided diversion. One frustrating aspect of this debate is that folks on the left genuinely seem to think the economy is a fixed pie and that rich people...
by Dan Mitchell | Dec 28, 2011 | Blogs, Economics
The statists are making a big issue out of income inequality, hoping to convince ordinary Americans that redistribution is their only hope for a better life. I’ve explained with a pizza analogy that this is horribly misguided because it falsely assumes the economy is...
