by Dan Mitchell | Mar 17, 2021 | Blogs, Featured, Taxation
Thanks to globalization (as opposed to globalism), jobs and investment are now very mobile. This means the costs of bad policy are higher than ever before, and it also means the benefits of good policy are higher than ever before. Which is why it’s very...
by Dan Mitchell | Mar 10, 2021 | Big Government, Blogs, Featured, Welfare and Entitlements
Two days ago, I shared data showing that people in the big nations of Western Europe only have about 75 cents of income for every $1 that Americans earn. That’s a remarkable gap, and it’s getting larger rather than smaller, even though theory...
by Dan Mitchell | Mar 9, 2021 | Big Government, Blogs, Economics, Featured, Government Spending, Keynesian
We have decades of real-world experience with Keynesian economics. The results are not pretty. It didn’t work for Hoover.It didn’t work for Roosevelt.It didn’t work for Japan.It didn’t work for Europe.It didn’t...
by Dan Mitchell | Feb 22, 2021 | Big Government, Blogs, Featured, Welfare and Entitlements
There are many compelling economic arguments against entitlement programs. They discourage savings.They discourage work.They are funded with taxes.They are funded with debt. Since I’m a libertarian, I also have moral concerns about...
by Dan Mitchell | Feb 15, 2021 | Big Government, Blogs, Featured, Government Spending, Taxation
The 21st century has been bad news for proponents of limited government. Bush was a big spender, Obama was a big spender, Trump was a big spender, and now Biden also wants to buy votes with other people’s money. That’s the bad news. The good news...
by Brian Garst | Jan 27, 2021 | Big Government, Blogs, Featured, Free Market, Regulations
Retail investors have hit hedge fund short sellers with billions in losses in just a matter of days, and more are on the way. Some commentators are now calling for SEC investigations or new government regulations, but retail investors have done nothing wrong, and the...
