by Dan Mitchell | Feb 3, 2021 | Big Government, Blogs, Economics, Socialism
The economic disintegration of Venezuela is a powerful example how socialism fails. Even in a nation with massive oil wealth. This video from Reason tells the tragic story. I think long-run data is especially valuable when...
by Dan Mitchell | Feb 2, 2021 | Blogs, Economics, Minimum Wage
Assuming they behave ethically and earn money honestly, I applaud big companies and their wealthy owners. That’s why I recently defended Jeff Bezos’ large fortune. The owner of Amazon mostly (but not entirely) became rich by providing value to...
by Dan Mitchell | Feb 1, 2021 | Blogs, States, Tax Competition, Taxation
On the rare occasions when I write about the Supreme Court, it’s usually to grouse that the Justices don’t defend the Constitution’s limits on the federal government. For example, the Court engaged in tortured reasoning to rule in favor of...
by Dan Mitchell | Jan 31, 2021 | Blogs, Uncategorized
Since yesterday’s column showed “Statism in Five Images,” I feel obliged to provide equal time and now do the same thing for libertarianism. We’ll start with an accurate depiction of how libertarians compare to other ideologies (similar to the triangle I...
by Dan Mitchell | Jan 30, 2021 | Blogs, Uncategorized
Back in 2018, I shared five images that accurately capture leftism, which is the Mussolini-ish notion of “All within the state, nothing outside the state, nothing against the state” (one of the images was subsequently deleted, so you can...
