by Dan Mitchell | Mar 24, 2018 | Big Government, Blogs, Government Spending
Ever since there was a deal to bust the budget caps back in February, I knew it was just a matter of time before Congress and the White House responded with an odious orgy of new spending. Some people told me I was being too pessimistic. After all, the President’s...
by Dan Mitchell | Mar 23, 2018 | Blogs, Europe
In last year’s French presidential election between Emmanuel Macron and Marine Le Pen, I joked that voters should choose the socialist over the socialist, but made a serious point that Macron – despite having been part of Hollande’s disastrous government – was...
by Dan Mitchell | Mar 23, 2018 | Blogs, States, Taxation
One of the key principles of a free society is that governmental power should be limited by national borders. Here’s an easy-to-understand example. Gambling is basically illegal (other than government-run lottery scams, of course) in my home state of Virginia. So they...
by Dan Mitchell | Mar 21, 2018 | Blogs, Free Market
At the risk of stating the obvious, I’m not a fan of international bureaucracies. The International Monetary Fund and the Organization for Economic Cooperation and Development are the worst multilateral institutions because of their promotion of bad policy, but I’ve...
by Dan Mitchell | Mar 20, 2018 | Blogs, Financial Privacy
Beginning in the 1980s, money-laundering laws were enacted in hopes of discouraging criminal activity by making it harder for crooks to use the banking system. Unfortunately, this approach has been an expensive failure. They don’t reduce crime or discourage bad...
