by Dan Mitchell | Feb 22, 2022 | Blogs, Education
In theory, annual awards should not be bestowed until the end of the year. But I already violated that rule when writing about “2022’s Tweet of the Year” last month (in my defense, anything that mocks Oxfam deserves favorable attention). Given my...
by Dan Mitchell | Feb 21, 2022 | Big Government, Blogs, Free Market, Regulations
While specific examples can be very complex, the economic analysis of regulation is, at least in theory, quite simple. Rules and red tape impose burdens that hinder economic activity, and this leads to higher costs for businesses and consumers. These higher...
by Dan Mitchell | Feb 20, 2022 | Big Government, Blogs, Government Spending
The United States needs a constitutional spending cap, sort of like the “debt brake” that has been producing positive results in Switzerland for the past two decades. Imposing a limit on annual spending increases would be a much-needed...
by Dan Mitchell | Feb 19, 2022 | Big Government, Blogs, Government Spending
Is “austerity” a good thing? Depends on how it is defined. Johan Norberg points out that spending restraint is the right approach. Since I’m a fan of spending restraint, I obviously like the video. But let’s expand on two points. First, the definition of...
by Dan Mitchell | Feb 18, 2022 | Blogs, Crime, Society, Taxation
My friends sometimes tell me that libertarians are too extreme because we tend to make “slippery slope” arguments against government expansions. I respond by pointing out that many slopes are very slippery. Especially when dealing with politicians and...
