by Dan Mitchell | Jan 17, 2022 | Blogs, Economics
To explain why politicians should not interfere with prices, I’ve shared videos from Marginal Revolution, Don Boudreaux, Learn Liberty, and Russ Roberts. To add to that collection, here’s part of a lecture by Professor Antony Davies. The bottom...
by Dan Mitchell | Jan 16, 2022 | Blogs, Economics
Back in 2014, I compared the long-run economic performance of Cuba and Hong Kong. Both jurisdictions were roughly equal about 60 years ago. But the data show a dramatic performance gap ever since the communists took power in Cuba, with Hong Kong (which...
by Dan Mitchell | Jan 15, 2022 | Blogs, States
When I wrote about the 2018 edition of Freedom in the 50 States, Florida ranked as the nation’s most libertarian state. In the 2021 version, New Hampshire takes the top spot (reclaiming the lead it had back in 2016). Here’s a map showing the...
by Dan Mitchell | Jan 14, 2022 | Big Government, Blogs, Government Spending
As a libertarian, I view defense spending with the same jaundiced eye that I apply to domestic spending. I’ve pointed out that the U.S. represents a big share of global military outlays.I’ve pointed out that sequestration wasn’t a threat to...
by Dan Mitchell | Jan 13, 2022 | Big Government, Blogs, Government Spending, Taxation
As part of a recent discussion with Gene Tunny in Australia, I explained why I support “Starve the Beast,” which means keeping taxes as low as possible to help achieve the goal of spending restraint. The premise of Starve the Beast is very simple. Politicians like to...