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I’m Happy when Amazon and other Big Companies Prosper – Assuming Profits Are from Capitalism rather than Cronyism

I’m Happy when Amazon and other Big Companies Prosper – Assuming Profits Are from Capitalism rather than Cronyism

by Dan Mitchell | Jan 23, 2018 | Big Government, Blogs

I explained back in 2013 that there is a big difference between being pro-market and being pro-business. Pro-market is a belief in genuine free enterprise, which means companies succeed or fail solely on the basis of whether they produce goods and services that...
Another Chapter in the Never-Ending Story of Big Business Undermining Capitalism

Another Chapter in the Never-Ending Story of Big Business Undermining Capitalism

by Dan Mitchell | Jan 17, 2018 | Big Government, Blogs

With apologies to Elizabeth Barrett Browning, here’s the opening of the big-business version of Sonnet 43. How do I hate thee, capitalism? Let me count the ways. I hate thee to the depth and breadth and height My soul can reach, for I am big and competition is a...

To Fight Cronyism, Let’s Have Separation of Business and State

by Dan Mitchell | Aug 25, 2017 | Big Government, Blogs

In my 30-plus years in Washington, I’ve lived through some very bad pieces of legislation. George H.W. Bush’s betrayal of his “read my lips” promise with the 1990s tax increase. Bill Clinton’s 1993 tax hike, which OMB admitted 18 months later was a failure. All sorts...
Cronyism, Corruption, and the Obama White House

Cronyism, Corruption, and the Obama White House

by Dan Mitchell | May 4, 2017 | Big Government, Blogs

One of the points I repeatedly make is that big government breeds corruption for the simple reason that politicians have more power to reward friends and punish enemies. It’s especially nauseating when big companies learn that they can get in bed with big government...
In One Story, Everything You Need to Know about Big Government and Small Business

In One Story, Everything You Need to Know about Big Government and Small Business

by Dan Mitchell | Jan 10, 2017 | Big Government, Blogs, Economics, Free Market, Regulations

All things considered, I like small businesses more than big businesses. Not because I’m against large companies, per se, but rather because big businesses often use their political influence to seek unearned and undeserved wealth. If you don’t believe me, just look...
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