by Dan Mitchell | Aug 5, 2020 | Blogs, Health Care
Even though Joe Biden has embraced a very left-wing agenda, I suspect many of the items on his wish list are designed to placate Bernie-type activists who have considerable influence in the Democratic Party. As such, I don’t think Biden will push “Medicare for All” if...
by Dan Mitchell | Aug 4, 2020 | Blogs, Economics
In early June, I pontificated about the upside-down incentives that are created when government pays people more to be idle than they could get by working. This is a real-world concern because the crowd in Washington earlier this year approved a $600-per-week bonus...
by Dan Mitchell | Aug 3, 2020 | Big Government, Blogs, Taxation
There’s a reason that Greece is almost synonymous with bad economic policy. The country has endured some terrible prime ministers, most recently Alexis Tsipras of the far-left Syriza Party. Andreas Papandreou, however, wins the prize for doing the most damage. He...
by Dan Mitchell | Jul 31, 2020 | Big Government, Blogs, Government Spending
I wrote last month about “anarcho-capitalists” who think we don’t need any government because markets can provide everything. Most people, though, think that there are certain things (such as national defense and the rule of law) that are “public goods” because they...
by Dan Mitchell | Jul 30, 2020 | Big Government, Blogs, Economics, Government Spending, Taxation
Because of changing demographics and poorly designed entitlement programs, the burden of government spending in the United States (in the absence of genuine reform) is going to increase dramatically over the next few decades. That bad outlook will get even worse...
