by Dan Mitchell | May 19, 2019 | Uncategorized
Bernie Sanders is a delusional hard-core statist, but that’s part of what makes him attractive for some voters. Simply stated, they think he’s authentic rather than a finger-in-the-wind politician. But I’m not so sure that’s true. I pointed out in 2015 that he’s not...
by Dan Mitchell | May 17, 2019 | Big Government, Blogs, Government Spending, Government Waste
Every so often, I’ll see a story (or sometimes even just a photo, a court decision, or a phrase) that sums up the essence of government – a unseemly combination of venality and incompetence. Today, we’re going to review three examples that make my point. We’ll lead...
by Dan Mitchell | May 16, 2019 | Blogs, Economics
I shared a video last year that pointed out that Americans live in a nation that became prosperous thanks to “creative destruction.” That’s the term developed by Joseph Schumpeter to describe the economic churning caused by competition, innovation, and markets...
by Dan Mitchell | May 15, 2019 | Big Government, Blogs, Government Spending
Earlier this year, I reviewed new fiscal projections from the Congressional Budget Office (CBO) and showed that balancing the budget would be relatively easy if politicians simply limited spending so that it didn’t grow faster than inflation. Though I made sure to...
by Dan Mitchell | May 14, 2019 | Blogs, Economics, Free Market
Just last month, I wrote about Argentina’s grim economic outlook and criticized the supposed right-of-center President, Mauricio Macri, for failing to deliver any meaningful economic liberalization. And reform is desperately needed. According to Economic Freedom of...