by Dan Mitchell | Aug 24, 2021 | Blogs, States, Taxation
I’ve been asked why I periodically mock politicians. The simple answer is that they often deserve our scorn. It’s not that they’re evil or bad people, but their incentive structure generally leads them to make shallow,...
by Dan Mitchell | Aug 23, 2021 | Blogs, Economics, Free Market
I’ve made the case for capitalism (Part I, Part II, Part III, Part IV, and Part V) and the case against socialism (Part I, Part II, and Part III), while also noting that there’s a separate case to be made...
by Dan Mitchell | Aug 22, 2021 | Blogs, Economics, Taxation
Long-time readers know that I periodically pour cold water on the notion that China is an economic superstar. Yes, China did engage in some economic liberalization late last century, and those reforms should be applauded because they...
by Dan Mitchell | Aug 21, 2021 | Blogs, Economics
Like most libertarians, I favor drug legalization for the simple reason that people should have control over their own bodies, even if they’re doing something stupid. But I’ve never claimed legalization is a zero-cost policy. Instead, as I...
by Dan Mitchell | Aug 19, 2021 | Big Government, Blogs, Economics, Keynesian, Welfare and Entitlements
Washington is filled with dishonest and self-serving analysis. Much of that shoddy output is driven by privileged groups seeking bailouts, subsidies, protectionism, or a tilted playing field. The health...
