by Dan Mitchell | May 13, 2020 | Big Government, Blogs, Regulations
From the perspective of lifestyle (factors such as climate, scenery, and recreational opportunities), there’s probably no better state in which to live than California. But if you want to be an entrepreneur, start a business, and create jobs, the Golden State is one...
by Dan Mitchell | May 12, 2020 | Blogs, Economics, Taxation
I’ve explained the economics of taxation, which is based on the common-sense notion that you get less productive economic activity when taxes drive a bigger wedge between pre-tax income and post-tax consumption. Simply stated, the more you tax of something, the less...
by Dan Mitchell | May 11, 2020 | Big Government, Blogs, Regulations
Since I’ve never smoked or vaped, I have no personal interest in the the regulatory battle over vaping and e-cigarettes. That being said, I started writing about this issue back in 2016 because it involves several important principles. The libertarian argument that...
by Dan Mitchell | May 9, 2020 | Big Government, Blogs, Government Spending
I’ve warned that the budgetary impact of the coronavirus may trigger another fiscal crisis in Europe. Especially Italy. But what about the United States? Will we reach a point, as Margaret Thatcher famously warned, of running out of other people’s money? We probably...
by Dan Mitchell | May 8, 2020 | Blogs, Economics, Socialism
When making the case against socialism, I’ve pointed out how that coercive ideology is an evil and immoral failure. But maybe the best argument is contained in this very short video that was shared by a group of Tory activists in the United Kingdom. Ms. Badenoch is...
