by Dan Mitchell | May 13, 2017 | Big Government, Blogs
What word best describes the War on Drugs? Inane? Lunacy? Indecent? Harmful? Thuggery? The right answer is All of the Above. Politicians have ruined lives and wasted money in a futile campaign to stop people from recreational drug use. It may be true that people who...
by Dan Mitchell | May 12, 2017 | Big Government, Blogs, Taxation
As I’ve written before, our fight to restrain the size and scope of government will be severely hamstrung – perhaps even mortally wounded – if the crowd in Washington ever succeeds in getting a value-added tax as a new source of revenue. This is why many statists are...
by Dan Mitchell | May 11, 2017 | Blogs, Immigration, Society
Although I gave him a good grade for his first 100 days, it’s no secret that I’m not overly optimistic about the long-term policy implications of the Trump presidency. Simply stated, I fear he’ll wind up being a big-government Republican like Bush (either one) or...
by Dan Mitchell | May 10, 2017 | Blogs, Economics
I’ve repeatedly argued that there are two Social Security crises. The one most people know about is the fiscal crisis. Simply stated, the program is bankrupt. But you don’t have to believe me. Here are some excerpts from a CNBC column. The Social Security...
by Dan Mitchell | May 9, 2017 | Blogs, Economics
Earlier today, I gave a speech about populism and capitalism at the Free Market Road Show in Thessaloniki, Greece. But I’m not writing about my speech (read this and this if you want to get an idea of what I said about American policy under Trump). Instead, I want to...