by Dan Mitchell | Jun 25, 2022 | Big Government, Blogs, Free Market
My warm and fuzzy feelings for “capitalism” turn sour when someone promotes a modified version such as “common-good capitalism.” Why? Because I worry such terms imply a Trojan Horse for statism. And that’s definitely the case with so-called...
by Dan Mitchell | Jun 24, 2022 | Big Government, Blogs, Taxation
Yesterday’s column discussed Caterpillar’s decision to move its headquarters from high-tax Illinois to low-tax Texas. Today, we have more bad news for the Prairie State. A major investment fund, Citadel, also has decided to leave Illinois. Is the company moving to a...
by Dan Mitchell | Jun 23, 2022 | Big Government, Blogs, Taxation
I wrote a couple of days ago about California’s grim future. But now I’ll share some good news. No matter how bad California gets, the Golden State probably won’t have to worry about people and businesses fleeing to Illinois. That’s because the Prairie...
by Dan Mitchell | Jun 20, 2022 | Big Government, Blogs, Uncategorized
I’ve been warning for many years that California is committing “slow-motion suicide.” I discussed the not-so-golden future of the Golden State as part of a longer interview with Chile’s Axel Kaiser. If you don’t want to spend a couple of minutes to watch the...
by Dan Mitchell | Jun 16, 2022 | Big Government, Blogs, Energy
At the risk of understatement, big government has a dismal track record of imposing higher costs on the private sector, both directly and indirectly. Which is why this cartoon definitely belongs in my mock-government...