by Dan Mitchell | Nov 21, 2018 | Big Government, Blogs
I’m at the Capetown Airport, about to leave South Africa, so this is an opportune time to share some thoughts on what I learned in the past seven days. 1. Land Seizures – The number-one issue in the country is a plan by the government to impose Zimbabwe-style land...
by Dan Mitchell | Aug 31, 2018 | Big Government, Blogs
I don’t like it when poor people receive handouts from government, though not because I think they’re being grifters. I mostly view them as victims who are vulnerable to getting trapped in the quicksand of government dependency. The people I despise are the rich...
by Dan Mitchell | Aug 28, 2018 | Blogs, Trade
During America’s early history, trade taxes were the major source of government revenue, but they were “revenue tariffs” rather than “protectionist tariffs.” Lawmakers didn’t necessarily want to block imports. This was before America was plagued by an income tax and...
by Dan Mitchell | Aug 24, 2018 | Blogs, Economics, Free Market
Donald Trump wants to make protectionism great again. Bernie Sanders wants to make socialism great again. And if we continue with sarcastic headlines, Elizabeth Warren wants to make cronyism great again. She has a plan, which she explained in a column for the Wall...
by Dan Mitchell | Jul 21, 2018 | Big Government, Blogs, Taxation
When I argue against tax increases, I generally rely on two compelling points. Higher taxes will undermine prosperity by penalizing productive behavior. More money for politicians will trigger more spending, so red ink will increase. When I argue against...
