by Dan Mitchell | Aug 10, 2021 | Big Government, Blogs, Welfare and Entitlements
It’s understandable that we’re now paying a lot of attention to Joe Biden’s risky proposals for higher taxes and a bigger welfare state. After all, it’s a very bad idea to copy the economic policies of nations such as Italy, France,...
by Dan Mitchell | Aug 8, 2021 | Big Government, Blogs, Economics, Government Spending, Keynesian
Our friends on the left who want more government spending generally have a short-run argument and a long-run argument. In the short run, they assert that more government spending can stimulate a weak economy. This is typically known as Keynesian...
by Dan Mitchell | Aug 7, 2021 | Blogs, Taxation
There are divisions of the right between small-government conservatives, reform conservatives, common-good capitalists, nationalist conservatives, and compassionate conservatives. There are also divisions on the left, as illustrated...
by Dan Mitchell | Aug 5, 2021 | Blogs, Free Market, Uncategorized
As I’ve repeatedly pointed out, capitalism (oops, I mean free enterprise) is far superior than the various forms of statism. Just last month, I shared a video with 20 example of market-friendly jurisdictions growing much faster than...
by Dan Mitchell | Aug 4, 2021 | Big Government, Blogs, Taxation
I’ve written many times about how big businesses often climb in bed with politicians to lobby for anti-market policies such as subsidies, bailouts, and protectionism. To get these special favors, they often deploy the “baptists and...
