by Dan Mitchell | Nov 24, 2022 | Blogs, Economics, Socialism
I normally share this video from Reason every Thanksgiving. But this year I’m going to recycle instead a video from John Stossel. The moral of the story is that societies based on collectivism do not succeed. People don’t work...
by Dan Mitchell | Nov 23, 2022 | Blogs, Economics, States
According to the Fraser Institute’s Economic Freedom of the World, New Hampshire was the most economically free state in America in 2017, 2018, and 2019. But the state famous for “Live Free or Die” has now been replaced by the Sunshine State. The...
by Dan Mitchell | Nov 22, 2022 | Blogs, Uncategorized
Whether they call it global warming or climate change, activists on the left act as if the issue is just an excuse to extort money and expand the power of government. In Part I, I wrote about kleptocrats exploiting the issue to shake down western...
by Dan Mitchell | Nov 21, 2022 | Blogs
The great Milton Friedman repeatedly explained that rising prices are an inevitable consequence of easy-money policies by central banks. That’s a lesson everyone should have learned about 50 years ago when the Federal Reserve unleashed the...
by Dan Mitchell | Nov 20, 2022 | Big Government, Blogs, Taxation
The 1930s arguably was America’s worst decade for economic policy and economic results. Herbert Hoover and Franklin Roosevelt both increased the burden of government and the net result was a decade-long depression. The...
