by Dan Mitchell | Mar 20, 2020 | Taxation
There will be many lessons that we hopefully learn from the current crisis, most notably that it’s foolish to give so much regulatory power to sloth-like bureaucracies such as the FDA and CDC. Today, I want to focus on a longer-run lesson, which is how tax policy...
by Dan Mitchell | Mar 19, 2020 | Big Government, Blogs, Economics, Socialism
While it’s good news for the country that Bernie Sanders has faded in the polls, there’s a dark lining to that silver cloud. For all his faults, Crazy Bernie at least was open and honest about his desire for socialism (unlike certain other candidates, who have...
by Dan Mitchell | Mar 18, 2020 | Blogs, Society
About 10 years ago, when Europe was in the midst of fiscal crisis, advocates for welfare spending rioted in some nations. Given the continent’s grim long-run outlook, that got me thinking about the potential for a future breakdown of civil order and I wrote that it...
by Dan Mitchell | Mar 17, 2020 | Blogs, Economics, Free Market
After Hitler’s National Socialists were defeated in World War II, the allies imposed price controls on the German economy for the ostensible purposes of fighting inflation and preventing “price gouging.” That policy led to massive shortages, black markets, and...
by Dan Mitchell | Mar 16, 2020 | Blogs, Health Care
I wrote last week about the libertarian response to the coronavirus crisis and made four simple points. Governments should focus on protecting life, liberty, and property. That includes fighting pandemics. A big sprawling federal government will be less capable and...
