by Dan Mitchell | May 16, 2022 | Blogs, Health Care
Most people would say high prices are the biggest problem with health care in the United States. But high prices should be viewed as the symptom of the real problem, which is “third-party payer.” And what is third-party payer? It’s the fact that consumers purchase...
by Dan Mitchell | May 15, 2022 | Big Government, Blogs
Early last year, I shared a video explaining that Karl Marx was a despicable human being. Today, let’s look at a video that further examines him and his hideous ideology. This raises an interesting question of picking the most offensive feature of Marxism. The...
by Dan Mitchell | May 14, 2022 | Blogs, Economics, Trade
When the Commerce Department announced in February that the United States had a record trade deficit for 2021, I shared this video to help make the point that those trade numbers were that year’s “least important economic news.” The main thing to understand is that a...
by Dan Mitchell | May 13, 2022 | Big Government, Blogs, Taxation, VAT
As part of my (reality-based) opposition to a value-added tax, I testified to the Ways & Means Committee back in 2011. My primary argument against the VAT is that it would enable a bigger burden of government spending. I frequently share this chart, for...
by Dan Mitchell | May 12, 2022 | Blogs, Tax Competition, Taxation
There are many reasons to admire Switzerland. The nation’s very effective spending cap.The nation’s libertarian-leaning governance.The nation’s system of private pensions.The nation’s genuine decentralization.The...
