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...
by Dan Mitchell | Aug 2, 2021 | Big Government, Blogs, Taxation, Uncategorized
I recently explained the evolution of taxation – and the unfortunate consequences of income taxation – to a seminar in the country of Georgia. One of my main points was that income taxes are a relatively new source of revenue. The first income tax was adopted in the...
