by Dan Mitchell | Sep 17, 2018 | Big Government, Blogs, Economics
I’ve written many times about socialism, which is sometimes a frustrating task because the definition is slippery. I suspect the average supporter of Bernie Sanders or Alexandria Ocasio-Cortez thinks that socialism is big government, with lots of handouts financed by...
by Dan Mitchell | Sep 16, 2018 | Blogs, Economics
I periodically explain that pro-market policies are the best way of helping poor people. The reason rich countries are rich is because they had lengthy periods of limited government, free markets, and the rule of law. And the convergence literature shows that the same...
by Dan Mitchell | Sep 15, 2018 | Blogs, Economics
I’ve repeatedly argued that faster growth is the only effective way of helping the less fortunate. Class warfare and redistribution, by contrast, are not effective. Such policies are based on the fallacy that the economy is a fixed pie, and proponents of this view...
by Dan Mitchell | Sep 14, 2018 | Big Government, Blogs
With Florence about to hit, it’s time to preemptively explain how the federal government makes damage more likely and why post-hurricane efforts will make future damage more likely. There are just two principles you need to understand. When Washington subsidizes...
by Dan Mitchell | Sep 13, 2018 | Big Government, Blogs
Ever since 2010, I’ve been pointing out that Venezuela is a horrifying and tragicexample of what happens when the private sector in a country is almost completely suffocated by excessive government. And with the country now in a death spiral, you would think it’s a...
