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...
by Dan Mitchell | Aug 4, 2021 | Big Government, Blogs, Taxation
I’ve written many times about how big businesses often climb in bed with politicians to lobby for anti-market policies such as subsidies, bailouts, and protectionism. To get these special favors, they often deploy the “baptists and...
