by Dan Mitchell | Feb 11, 2021 | Blogs, Economics
Back in 2014, I shared two videos, one narrated by Prof. Don Boudreaux and the other narrated by Prof. Deirdre McCloskey, making the point that grinding poverty and material deprivation were the norm for most of human history. It wasn’t until capitalism...
by Dan Mitchell | Feb 10, 2021 | Blogs, Economics, Free Market
There’s a recipe for growth and prosperity. It’s called capitalism. As Dan Hannan explains in this video, it’s the way to help all groups in a society become richer. This is a great video about how free enterprise delivers prosperity for the masses. And...
by Dan Mitchell | Feb 9, 2021 | Blogs, Uncategorized
While I understandably don’t like politicians, I rarely think they are stupid. They do lots of idiotic things, of course, but they are making calculated decisions that it’s okay to hurt the economy if they achieve some political benefit. That’s...
by Dan Mitchell | Feb 8, 2021 | Big Government, Blogs, Economics, Regulations
While I freely self-identify as a libertarian, I don’t think of myself as a philosophical ideologue. Instead, I’m someone who likes digging into data to determine the impact of government policy. And because I’ve repeatedly noticed that more government...
by Dan Mitchell | Feb 6, 2021 | Big Government, Blogs, Health Care, Regulations
In my five-part series on coronavirus and the failure of big government (here, here, here, here, and here), the Food and Drug Administration (FDA) received some unflattering attention. Whether we’re examining its performance regarding equipment,...