by Dan Mitchell | Jun 28, 2022 | Blogs, Economics
I’ve long argued that it’s generally better to focus on employment rather than unemployment when assessing the health of the job market, and I had a chance to pontificate on that topic for Labor Relations Radio. Sadly, labor force participation numbers weren’t...
by Dan Mitchell | Jun 27, 2022 | Blogs, Education, States
I thought passage of statewide school choice last year in West Virginia was something to celebrate. And it was, especially since other states also expanded educational freedom for families. But there’s even better news from Arizona, where the...
by Dan Mitchell | Jun 26, 2022 | Big Government, Blogs
In Part I, I warned that “stakeholder capitalism” is not just empty virtue signaling. Some advocates are using the concept to promote a statist agenda. For Part II, let’s start with this video. The main message of the video is that ethical profits are good...
by Dan Mitchell | Jun 25, 2022 | Big Government, Blogs, Free Market
My warm and fuzzy feelings for “capitalism” turn sour when someone promotes a modified version such as “common-good capitalism.” Why? Because I worry such terms imply a Trojan Horse for statism. And that’s definitely the case with so-called...
by Dan Mitchell | Jun 24, 2022 | Big Government, Blogs, Taxation
Yesterday’s column discussed Caterpillar’s decision to move its headquarters from high-tax Illinois to low-tax Texas. Today, we have more bad news for the Prairie State. A major investment fund, Citadel, also has decided to leave Illinois. Is the company moving to a...