by Dan Mitchell | Mar 20, 2016 | Big Government, Blogs, Economics, Government Spending, Laffer Curve, Welfare and Entitlements
The welfare state is bad news. It’s bad for taxpayers and it’s bad for recipients. It’s also bad for the economy since prosperity is in part a function of the quantity of labor that is productively employed. As such, government programs that lure people into...
by Dan Mitchell | Mar 19, 2016 | Blogs, Free Market
John Cowperthwaite deserves a lot of credit for Hong Kong’s prosperity. As a British appointee, he took a hands-off policy and allowed the colony’s economy to thrive. He didn’t even want the government to collect statistics since that would give interventionists data...
by Dan Mitchell | Mar 18, 2016 | Big Government, Blogs, Economics
Back in 2011, I shared a video that mocked libertarians by claiming that Somalia was their ideal no-government paradise. I pointed out, of course, that the argument was silly.Sort of like claiming that North Korea is the left’s version of policy paradise. But the...
by Dan Mitchell | Mar 16, 2016 | Blogs, Economics, Financial Privacy, Tax Competition, Taxation
Why do many people engage in civil disobedience and decide not to comply with tax laws? Our leftist friends (the ones who think that they’re compassionate because they want to spend other people’s money) assert that those who don’t obey the revenue demands of...
by Dan Mitchell | Mar 15, 2016 | Blogs, Economics, Socialism
Like communism, Nazism, and other forms of statism, socialism is an evil ideology that is based on the notion that human freedom should be suppressed and restricted. Modern socialists may not have the totalitarian impulses of their national socialist and international...
