by Dan Mitchell | Apr 14, 2017 | Blogs, Economics
One of the more surreal aspects of the 2016 campaign was watching Bernie Sanders argue that the United States should become more like a European welfare state. Was he not aware that Europe had major problems such as high unemployment and a fiscal crisis? Didn’t he...
by Dan Mitchell | Apr 13, 2017 | Blogs, Uncategorized
I’m tempted to say that statism is sort of like a cult. Proponents of socialism and other big-government ideologies have a dogmatic zeal that blinds them to reality. For instance, no nation has ever become rich with big government. But that doesn’t stop leftists from...
by Dan Mitchell | Apr 12, 2017 | Uncategorized
My favorite anti-libertarian video is the one based on the notion that Somalia is a libertarian paradise. Since no libertarian has ever pointed to that country as a role model, the underlying premise is a bit silly (I’ve written something semi-favorable about...
by Dan Mitchell | Apr 11, 2017 | Big Government, Blogs, Economics, Free Market, Government Spending, Taxation
The recipe for growth and prosperity isn’t very complicated. Adam Smith provided a very simple formula back in the 1700s. For folks who prefer a more quantitative approach, the Fraser Institute’s Economic Freedom of the World uses dozens of variables to rank nations...
by Dan Mitchell | Apr 10, 2017 | Blogs, Uncategorized
You would think the never-ending mess in Afghanistan would have taught us lessons. Or maybe we might have learned lessons from the never-ending mess in Iraq. Notwithstanding those unpleasant experiences, President Trump is expanding America’s intervention in Syria...
