by Dan Mitchell | Apr 29, 2020 | Bailouts, Big Government, Blogs
Since government officials have imposed severe restrictions on economic activity, I’m sympathetic to the notion that businesses should be compensated. But, as I warn in this CNBC interview, I have major concerns about big government and big business getting in bed...
by Dan Mitchell | Feb 25, 2020 | Uncategorized
Back in 2014, I shared a World Bank study that measured how tax complexity facilitates more corruption by government officials. Not that anyone should have been surprised. Complex tax codes enable politicians to extort bribes when writing the law (a problem that...
by Dan Mitchell | Feb 15, 2020 | Big Government, Blogs
I wrote last October about how poor nations that followed the pro-market recipe of the “Washington Consensus” in the 1980s and 1990s got good results. Johan Norberg addresses the same topic in this video. Sadly, international organizations are infamous nowadays...
by Dan Mitchell | Nov 3, 2019 | Blogs, Europe
The Department of Agriculture should be abolished. Yesterday, if possible. It’s basically a welfare scam for politically connected farmers and it undermines the efficiency of America’s agriculture sector. Some of the specific handouts – such as those...
by Dan Mitchell | Sep 29, 2019 | Big Government, Blogs
The 2008 financial crisis was largely the result of bad government policy, including subsidies for the housing sector from Fannie Mae and Freddie Mac. This video is 10 years old, but it does a great job of explaining the damaging role of those two government-created...