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Defining Socialism

Defining Socialism

by Dan Mitchell | Mar 25, 2026 | Big Government, Blogs, Economics, Socialism, Welfare and Entitlements

I’ve written a four-part series (here, here, here, and here) explaining why socialism is a bad idea, but let’s use today’s column to define this evil ideology. As I mentioned in the video, genuine socialism is based on three very specific concepts....
The “Washington Monument Syndrome” in the State of Washington

The “Washington Monument Syndrome” in the State of Washington

by Dan Mitchell | Mar 5, 2026 | Blogs, Government Spending, States

If you follow state fiscal policy, there’s a very important battle happening in the Pacific Northwest. Democrats in the state of Washington are trying to muster the votes to push through an income tax. As depicted by the chart, the spending burden...
America’s Future Inflation Crisis?

America’s Future Inflation Crisis?

by Dan Mitchell | Feb 15, 2026 | Blogs, Government Spending, Welfare and Entitlements

Let’s start today’s column with two simple and uncontroversial statements. Without real entitlement reform, the burden of government spending will grow dramatically over the next few decades. There are only three ways – taxes, borrowing, and money-printing – to...
The Swamp Is Prospering Under Trump

The Swamp Is Prospering Under Trump

by Dan Mitchell | Jan 26, 2026 | Big Government, Blogs

As an economist, I dislike protectionism because it makes the economy less efficient and reduces prosperity. As a citizen, I dislike protectionism because it enriches D.C. insiders such as lobbyists. But Trump’s trade taxes are just...
Blame Statism for Mexico’s Economic Stagnation

Blame Statism for Mexico’s Economic Stagnation

by Dan Mitchell | Jan 14, 2026 | Big Government, Blogs, Economics

With so many bad things happening in Washington, I almost feel guilty writing about another country. But since I’m in Mexico City teaching at Universidad de la Libertad, I want to write at least one column about Mexican economic...
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