by Dan Mitchell | May 3, 2012 | Big Government, Blogs, Welfare and Entitlements
There are two serious problems with America’s Social Security system. Almost everyone knows about the first problem, which is that the system is bankrupt, with huge unfunded liabilities of about $30 trillion. The other crisis is that the system gives workers a lousy...
by Dan Mitchell | Nov 25, 2011 | Big Government, Blogs
I haven’t written much on the global-warming debate, other than to warn about how agenda-driven government funding is corrupting scientific inquiry and to mock nutjob extremists who assert climate change will cause catastrophes ranging from genocide to AIDS. But I...
by Dan Mitchell | Jun 4, 2011 | Big Government, Blogs, Economics, Free Market, Welfare and Entitlements
The Economist magazine has a couple of good articles about Australia’s increasingly enviable economic status. Here’s a blurb from the first article, which outlines the pro-market reforms that enabled today’s prosperity. Only a dozen economies are bigger, and only six...
by Dan Mitchell | Oct 31, 2010 | Blogs, Taxation
The death tax is a punitive levy that discourages saving and investment and causes substantial economic inefficiency. But it’s also an immoral tax that seizes assets from grieving families solely because someone dies. The good news is that this odious tax no longer...
by Dan Mitchell | Oct 18, 2010 | Big Government, Blogs, Government Spending, Taxation
I’m finally back in Washington after a week in Australia for the Mont Pelerin Society general meeting. Aussies are great people, but their government is just as misguided as the one we’re burdened with here in America. A friend took this pic of me on a visit to Manly...
