by Dan Mitchell | Jan 20, 2020 | Big Government, Blogs, Bureaucracy
When I did this video about public-sector compensation almost 10 years ago, I focused on why it is unfair that bureaucrats get much higher levels of compensation than people working the private sector. Today, let’s consider the economic consequences of excessive...
by Dan Mitchell | Jan 19, 2020 | Blogs, Crime, Society
Other than an occasional column about events in my home county of Fairfax, I’ve never written about public policy in Virginia. This is because the Commonwealth has had a dull profile. It doesn’t have a track record of notably good policies, such as Florida and Texas,...
by Dan Mitchell | Jan 18, 2020 | Blogs, Economics, Socialism
I started fretting about the socialist tendencies of young people early last decade. And when Sanders attracted a lot of youth support in 2016, I gave the issue even more attention, and I’ve since continued to investigate why so many young people are sympathetic to...
by Dan Mitchell | Jan 17, 2020 | Blogs, Economics, Free Market
I’ve always been puzzled by those who criticize capitalism (“it’s unfair!” and “it’s coercive!”) and urge its overthrow or replacement. I actually agree with them that markets can be harsh, especially in the short run (think of the damage to the typewriter industry...
by Dan Mitchell | Jan 16, 2020 | Blogs, Taxation
I’m part of the small minority that thinks the big news from the United Kingdom is that “Brexit” will finally happen, thanks to Boris Johnson’s landslide victory last month. Most everyone else seems more focused on the latest development with the royal family. The...