by Dan Mitchell | Sep 20, 2019 | Big Government, Blogs, Taxation
Maybe I’m just a curmudgeon, but I get rather irked when rich people endorse higher taxes. Are they trying to curry favor with politicians? Seeking some sort of favoritism from Washington (like Warren Buffett)? Or do they genuinely think it’s a good idea to...
by Dan Mitchell | Sep 17, 2019 | Uncategorized
There are many reasons to oppose the various bailouts of the Greek government. Here are my two main reasons. I don’t like rewarding investors who make imprudent decisions, and it really galls me to bail out the (mostly) rich people who bought Greek bonds. I don’t like...
by Dan Mitchell | Sep 14, 2019 | Big Government, Blogs, Economics, Free Market
The folks at the Fraser Institute in Canada have just released a new version of Economic Freedom of the World. As has been the case for many years, Hong Kong is #1 and Singapore is #2, followed by New Zealand (#3) and Switzerland (#4). Interestingly, the United States...
by Dan Mitchell | Sep 13, 2019 | Big Government, Blogs
I’ve been in Rome the past few days with my charming and beautiful daughter. We visited the usual tourists spots, including the Coliseum and other remnants of Ancient Rome. And I couldn’t help but wonder how such a powerful empire could collapse, driving people from...
by Dan Mitchell | Sep 4, 2019 | Big Government, Blogs
In 2016, Bernie Sanders was considered very extreme for wanting to transform America into a very expensive European-style welfare state. If the Democratic Party’s presidential debates this summer are any guide, that radical approach is now mainstream. Almost all the...