by Dan Mitchell | Jul 4, 2017 | Big Government, Blogs, Welfare and Entitlements
Time for another trip down Memory Lane to the early years of the Obama Administration. Two days ago, I wrote about the market-wrecking price controls in Obamacare. And yesterday, I shared a new study exposing the utter failure of Obama’s Cash-for-Clunkers scheme. Now...
by Dan Mitchell | Jul 3, 2017 | Blogs, Economics
Keynesian economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out policies that result in more income. This is one of the reasons I wish people focused more on “gross domestic income,” which...
by Dan Mitchell | Jul 2, 2017 | Blogs, Economics, Health Care
When discussing government involvement in the health sector, I usually focus on the budgetary implications. Which makes sense since I’m a fiscal wonk and programs such as Medicare, Medicaid, and Obamacare are diverting ever-larger amounts of money from the economy’s...
by Dan Mitchell | Jul 1, 2017 | Blogs, Health Care
Writing about the sub-par single-payer healthcare system in the United Kingdom, Paul Krugman infamously claimed that,“In Britain, the government itself runs the hospitals and employs the doctors. We’ve all heard scare stories about how that works in practice; these...
by Dan Mitchell | Jun 29, 2017 | Blogs, Economics, Free Market
Singapore is one of my favorite nations for the simple reason that it consistently gets very high scores from Economic Freedom of the World and the Index of Economic Freedom (as well as from Doing Business, Global Competitiveness Report, and World Competitiveness...
