by Dan Mitchell | May 23, 2023 | Big Government, Blogs, Welfare and Entitlements
There are three troubling things about the politics of poverty. First, I frequently grouse and complain that some folks on the left don’t actually care about helping poor people. Instead, as explained in my Eighth Theorem of...
by Dan Mitchell | May 22, 2023 | Big Government, Blogs, Government Spending
Regarding the debt ceiling, the hysterical headlines about default and an economic apocalypse are silly because the Treasury Department surely will “prioritize” if Republicans and Democrats don’t reach an agreement. The above clip was taken from an interview last week...
by Dan Mitchell | May 21, 2023 | Blogs, Economics, Free Market
A few days ago, I shared a clip about capitalism and big business from a recent speech in Poland. Here’s something else I said, in this case about whether free markets can produce more prosperity for everyone. The answer, of course, is that capitalist societies...
by Dan Mitchell | May 20, 2023 | Big Government, Blogs, Government Spending
The Swiss Debt Brake and Colorado’s TABOR work because they limit spending. Balanced budget requirements, by contrast, have a weak track record. My point in the above discussion with the Soul of Enterprise is mostly based on economics. Our fiscal...
by Dan Mitchell | May 19, 2023 | Blogs
When I want to know the nations with the best and worst policies, I peruse Economic Freedom of the World or the Index of Economic Freedom. But what if you want to know the countries with the best and worst consequences? In that case, the best option...