by Dan Mitchell | Mar 23, 2023 | Big Government, Blogs, Economics, Socialism
In Part I of this series, I documented the dramatic decline in living standards ever since socialists took power in Venezuela. In Part II, I compared Venezuela’s decline to the other Latin American nations, particularly the success story of Chile....
by Dan Mitchell | Mar 22, 2023 | Big Government, Blogs, Europe, Welfare and Entitlements
Leftists should be nice to rich people people because those entrepreneurs, investors, and business owners are the ones financing the federal government. However, there are too few rich people to finance a European-sized welfare state. The above video is...
by Dan Mitchell | Mar 21, 2023 | Blogs, Economics, Laffer Curve, Taxation
Back in 2010, I shared a comparison of Obama and JFK on tax policy. For an update, here’s a comparison of Biden’s class-warfare agenda with JFK’s supply-side agenda. I’m sharing this video for two reasons. The first reason is that it...
by Dan Mitchell | Mar 20, 2023 | Blogs
There are some policy fights that focus on technical disagreements (for instance, how much do deadweight losses increase when tax rates go up?) and other policy fights that involve moral disagreements (for instance, should drugs be...
by Dan Mitchell | Mar 19, 2023 | Blogs, Health Care
I often bemoan the fact that government intervention has created an expensive and inefficient health system in the United States. But that does not mean I want a total government takeover of the health sector like in the United Kingdom....
