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Price Controls Are the Wrong Prescription for High Drug Prices

Price Controls Are the Wrong Prescription for High Drug Prices

by Dan Mitchell | Nov 20, 2018 | Opinion and Commentary

Originally published by FEE.org on November 19, 2018. President Trump often rails against foreign trade partners such as China that treat the US unfairly. These complaints sometimes have merit, as foreign governments often cheat and abuse US firms, which is why it’s...
Income Mobility and Middle Class Prosperity

Income Mobility and Middle Class Prosperity

by Dan Mitchell | Nov 20, 2018 | Blogs, Economic Growth, Economics

I generally don’t write much about the distribution of income (most-recent example from 2017), largely because that feeds into the false notion that the economy is a fixed pie and that politicians should have the power to re-slice if they think incomes aren’t...
Great Moments in Busy-Body Regulation

Great Moments in Busy-Body Regulation

by Dan Mitchell | Nov 19, 2018 | Big Government, Blogs, Regulations

I wrote back in 2011 about a bizarre plan in California to regulate babysitting. You may be thinking that’s no big deal because California is…well…California. But other governments also want to control private child care decisions. The latest example is from the...
Everything You Need to Know about Tax Competition in One Story

Everything You Need to Know about Tax Competition in One Story

by Dan Mitchell | Nov 17, 2018 | Blogs, Taxation

I’m a big fan of tax competition because politicians (i.e., stationary bandits) are far more likely to control their greed (i.e., keep tax burdens reasonable) if they know taxpayers have the ability to shift economic activity to lower-tax jurisdictions. For all...

The Miracle of Prosperity Unleashed by Classical Liberalism

by Dan Mitchell | Nov 16, 2018 | Blogs, Economics, Free Market

I periodically ask my left-leaning friends to identify a nation that became rich with statist policies. They usually point to Sweden or Denmark, but I point out that Sweden and Denmark became rich in the 1800s and early 1900s, when government was very small. At that...
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