by Dan Mitchell | Dec 7, 2014 | Big Government, Blogs, Economics
When I discuss corporate welfare, my first example is usually the Export-Import Bank. It galls me that taxpayers are coerced into subsidizing some of the world’s biggest corporations. And since I’m an economist, I also don’t like how these subsidies undermine the...
by Dan Mitchell | Dec 3, 2014 | Big Government, Blogs, Economics, Free Market, Tax Competition, Tax Harmonization, Taxation
The United States is burdened with some very bad policies that hinder growth and undermine competitiveness. But sometimes you can win a race if your rivals have policies that are even more self-destructive. And that’s a good description of why the U.S. economy is...
by Dan Mitchell | Dec 2, 2014 | Big Government, Blogs, Economics, Government Spending
It’s time to puncture the myth that libertarians are congenitally dour and pessimistic. We’re going to look at some fiscal data that must be very depressing for President Obama and other advocates of big government. But that means this information must be very good...
by Dan Mitchell | Nov 30, 2014 | Big Government, Blogs, Government Spending, Taxation
When people ask me why I mock government for being a slovenly, bloated, and malicious entity, I’m sometimes not sure what to say. Do I give them examples of corrupt corporate welfare? Do I share instances of government thuggery? Do I direct them to preposterous...
by Dan Mitchell | Nov 27, 2014 | Big Government, Blogs, Economics, Free Market
Early this year, I shared an amusing but accurate image that showed an important difference between capitalism and socialism. And in 2012, I posted a comparison of Detroit and Hiroshima to illustrate the damage of big government. Well, if you combine those concepts,...