by Dan Mitchell | Jun 17, 2020 | Blogs, Uncategorized
Like most libertarians, I support decentralization and federalism. Under the right circumstances, I’m even sympathetic to the idea of secession (hooray for Brexit!). This is why I have no problem with a community based on voluntary socialism. History tells us that...
by Dan Mitchell | Jun 16, 2020 | Blogs, Uncategorized
Libertarians believe in limited government for both moral reasons (government coercion is bad) and utilitarian reasons (nations with small government enjoy much higher levels of prosperity than countries with bigger governments). But if small government is good, would...
by Dan Mitchell | Jun 15, 2020 | Big Government, Blogs, States
As indicated by one of my columns last week, I’m a big believer in federalism. Indeed, I’ve even proposed that Washington shouldn’t operate any social programs. No food stamps. No Medicaid. No redistribution programs of any kind. Such programs, to the extent they...
by Dan Mitchell | Jun 13, 2020 | Blogs, Economics
If you want to understand how government really works, learn about “public choice.” This is the common-sense theory that politicians and other people in politics often make decisions based on self interest, and it does a very good job of explaining why we get so many...
by Dan Mitchell | Jun 12, 2020 | Blogs, Economics
There’s much to dislike about Keynesian economics, most notably that it tells politicians that their vice – buying votes by spending other people’s money – is somehow a virtue. Advocates of Keynesianism also can be very simplistic, sometimes falling victim to the...