by Dan Mitchell | Oct 30, 2018 | Big Government, Blogs
My left-leaning friends periodically tell me that there’s a big difference between their benign policies of democratic socialism and the wretched track records of Marxist socialism, national socialism, and other forms of totalitarianism. I agree. Living in a European...
by Dan Mitchell | Oct 26, 2018 | Big Government, Blogs, Economics
I’ve warned many times that Italy is the next Greece. Simply stated, there’s a perfect storm of bad news. Government is far too big, debt is too high, and the economy is too sclerotic. I’ve always assumed that the country would suffer a full-blown fiscal crisis when...
by Dan Mitchell | Oct 4, 2018 | Big Government, Blogs
I want higher wages. Indeed, that’s a big reason why I favor better tax policy. I want low rates and less double taxation so we get more entrepreneurship and investment, which then will lead to higher productivity and more compensation for workers. With this in mind,...
by Dan Mitchell | Sep 17, 2018 | Big Government, Blogs, Economics
I’ve written many times about socialism, which is sometimes a frustrating task because the definition is slippery. I suspect the average supporter of Bernie Sanders or Alexandria Ocasio-Cortez thinks that socialism is big government, with lots of handouts financed by...
by Dan Mitchell | Sep 13, 2018 | Big Government, Blogs
Ever since 2010, I’ve been pointing out that Venezuela is a horrifying and tragicexample of what happens when the private sector in a country is almost completely suffocated by excessive government. And with the country now in a death spiral, you would think it’s a...