by Dan Mitchell | Apr 6, 2020 | Big Government, Blogs, Economics, Free Market
The current crisis teaches us that excessive regulation and bureaucratic sloth can have deadly consequences. Here’s John Stossel’s video with another lesson, explaining that we need more capitalism rather than more government. This seems like a no-brainer, especially...
by Dan Mitchell | Apr 1, 2020 | Big Government, Blogs, Economics, States, Taxation
The crowd in Washington has responded to the coronavirus crisis with an orgy of borrowing and spending. The good news is that the legislation isn’t based on the failed notion of Keynesian economics (i.e., the belief that you get more prosperity when the government...
by Dan Mitchell | Mar 30, 2020 | Big Government, Blogs, Health Care
I wrote about “Coronavirus and Big Government” on March 22 and then followed up on March 27 with “Coronavirus and Big Government, Part II.” Now it’s time for the third installment, and we’ll start with this hard-hitting video from Reason, which shows how red tape has...
by Dan Mitchell | Mar 28, 2020 | Big Government, Blogs, Europe
Motivated in part by a sensible desire for free trade, six nations from Western Europe signed the Treaty of Rome in 1957, thus creating the European Economic Community (EEC). Sort of a European version of the North American Free Trade Agreement (now known as USMCA)....
by Dan Mitchell | Mar 27, 2020 | Big Government, Blogs, Free Market
Five days ago, I wrote “Coronavirus and Big Government” to highlight how sloth-like bureaucracy and stifling red tape deserve much of the blame for America’s slow response to the crisis. And I started that column by sharing four points from a previous column on...
