by Dan Mitchell | Jul 7, 2021 | Blogs, Economics
I’ve written nearly 6,100 columns for International Liberty, but only one of those columns has focused on Lebanon. That was back in 2018, when I explained how the nation could have avoided a fiscal crisis with a spending cap. Now it’s time to once...
by Dan Mitchell | Jul 6, 2021 | Blogs, Health Care
Programs such as Medicare and Medicaid, along with the tax code’s healthcare exclusion, have created a system where consumers directly pay for only about 10 percent of the care they receive. We think it’s normal and appropriate for either the...
by Dan Mitchell | Jul 5, 2021 | Big Government, Regulations
Most people say the key feature of capitalism is competition. Hard to argue with that characterization, but I would go one step further and say that it is one of the consequences of competition – “creative destruction” – that best captures why free markets...
by Dan Mitchell | Jul 4, 2021 | Blogs, Society
Since this is America’s Independence Day, I’m going to continue my tradition (see 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, and 2020) of authoring a July 4-themed column. What will make this year...
by Dan Mitchell | Jul 3, 2021 | Big Government, Blogs, Government Spending
I’m not optimist about America’s fiscal future. Thanks primarily to entitlement programs, the long-run outlook shows an ever-increasing burden of government spending. And rather than hit the brakes, Biden wants to step on the gas with new giveaways,...
