by Dan Mitchell | Feb 7, 2022 | Blogs, Uncategorized
Admirable politicians are extremely uncommon. You’re more likely to spot a leprechaun or see the Loch Ness Monster. In general, the people who want to rule over us are a distasteful mix of narcissism and demagoguery. But some elected officials are...
by Dan Mitchell | Feb 6, 2022 | Big Government, Blogs, Crime, Society
Hard-core libertarians sometimes point out that thieves and tax bureaucracies have a lot in common. Both use the threat of force and punishment to take money from unwilling victims. There’s a lot of truth to that comparison. I give money to...
by Dan Mitchell | Feb 5, 2022 | Big Government, Blogs, Government Spending, Taxation
A key principle of economics is convergence, which is the notion that poorer nations generally grow faster than richer nations. For instance, battle-damaged European nations grew faster than the United States in the first few decades after World War II....
by Dan Mitchell | Feb 4, 2022 | Blogs, Health Care, Taxation
I wrote last month about a tax-and-spend proposal for single-payer healthcare in California (sort of a state version of “Medicare for All“). I also analyzed the scheme in this discussion with Gene Tunny of Australia. What’s remarkable, as Gene mentioned in...
by Dan Mitchell | Feb 3, 2022 | Big Government, Blogs, Government Spending, Welfare and Entitlements
The title of this column is an exaggeration. What we’re really going to do today is explain the main things you need to know about government debt. We’ll start with this video from Kite and Key Media, which correctly observes...