by Dan Mitchell | Dec 13, 2023 | Big Government, Blogs, Regulations
The Food and Drug Administration has a rather dismal track record. Imposing a lengthy and expensive drug-approval process, leading to thousands of premature deaths.A bungled and incompetent response to the Covid pandemic.Its regulatory assault...
by Dan Mitchell | Dec 11, 2023 | Blogs, Economics, Free Market
I wrote yesterday about the huge problems facing Argentina’s new libertarian president. Javier Milei appears to be fully aware of what is needed to rejuvenate his nation, and is also being very honest about what will be required. But also...
by Dan Mitchell | Dec 10, 2023 | Big Government, Blogs, Government Spending
My trip to Argentina last year motivated me to write Part I of this series, which focused on whether things might get better in that tragic country for the simple reason that they couldn’t possibly get any worse. In Part II of...
by Dan Mitchell | Dec 9, 2023 | Blogs, Economics, Laffer Curve, Taxation
Two months ago, I wrote about a remarkable example of the Laffer Curve, involving Ireland’s low 12.5 percent corporate tax rate. According to the New York Times, Ireland was collecting so much corporate tax revenue that the government was having a...
by Dan Mitchell | Dec 8, 2023 | Big Government, Blogs, Government Spending
For decades (literally), I’ve maintained that make-believe budget cuts are the biggest form of budgetary dishonesty in Washington. But this John Stossel video discusses another scam politicians use to squander more money. So-called emergency spending is not a trivial...