by Dan Mitchell | Aug 26, 2021 | Big Government, Blogs, Economics
I periodically warn that the United States is on a path to become a European-style welfare state. That sounds good to some people since it implies lots of goodies paid for by other people. So I always explain that there’s a downside. The economic...
by Dan Mitchell | Aug 23, 2021 | Blogs, Economics, Free Market
I’ve made the case for capitalism (Part I, Part II, Part III, Part IV, and Part V) and the case against socialism (Part I, Part II, and Part III), while also noting that there’s a separate case to be made...
by Dan Mitchell | Aug 15, 2021 | Big Government, Blogs, Welfare and Entitlements
I just got back from Medellin, Colombia, where I gave a presentation to the Liberty International World Conference. My topic was “The Fatal Mix of Demographic Change and the Welfare State” and I made my usual points about how poorly designed entitlement...
by Dan Mitchell | Aug 11, 2021 | Big Government, Blogs, Economics, Socialism
When I share examples of socialism humor and communism humor, I sometimes wonder whether we should laugh about ideologies that have imposed so much death and misery on the world. For instance, I’ve shared some jokes about...
by Dan Mitchell | Aug 8, 2021 | Big Government, Blogs, Economics, Government Spending, Keynesian
Our friends on the left who want more government spending generally have a short-run argument and a long-run argument. In the short run, they assert that more government spending can stimulate a weak economy. This is typically known as Keynesian...
