by Dan Mitchell | Mar 19, 2021 | Blogs, Economics, Socialism
Socialism may be a miserable failure, everywhere and anywhere it is tried, but at least it provides comic relief. Such as this Remy video. Speaking of miserable failure, we have an example of Crazy Bernie trying to teach economics....
by Dan Mitchell | Mar 18, 2021 | Big Government, Blogs, Welfare and Entitlements
Here are four things to understand about poverty and dependency. Throughout most of human history, harsh material deprivation was the norm for the vast majority of people.The development of free enterprise and economic liberty led to dramatic...
by Dan Mitchell | Mar 17, 2021 | Blogs, Taxation
Thanks to globalization (as opposed to globalism), jobs and investment are now very mobile. This means the costs of bad policy are higher than ever before, and it also means the benefits of good policy are higher than ever before. Which is why it’s very...
by Dan Mitchell | Mar 16, 2021 | Blogs, Tax Competition, Taxation
For the past couple of decades, I’ve been warning (over and over and over and over again) that politicians want to curtail tax competition so that it will be easier for them to increase tax burdens....
by Dan Mitchell | Mar 15, 2021 | Blogs, Economics
There are several false narratives about economic history, involving topics ranging from the recent financial crisis to 19th-century sweatshops. But probably the biggest falsehood, as explained in this video by Prof. Lee Ohanian, is...
