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Thomas Sowell, Cost-Benefit Analysis, and the Limits of Regulation

Thomas Sowell, Cost-Benefit Analysis, and the Limits of Regulation

by Dan Mitchell | Sep 8, 2021 | Big Government, Blogs, Economics, Regulations

Thomas Sowell is a great economist, but his expertise extends to other fields of study. Everything from history to education. But he’s also famous for being a great communicator, with dozens of well-known quotes. I use one of them on my rotating banner because it...
Save Lives and Save Money by Letting People Sell Organs

Save Lives and Save Money by Letting People Sell Organs

by Dan Mitchell | May 8, 2021 | Blogs, Health Care

I first wrote about allowing markets for body parts back in 2009 and 2010. Let’s revisit that issue today, starting with John Stossel’s case for legal organ sales in a video for Reason. This should be a slam-dunk issue. I want drugs to be...
Vaccines and Cost-Benefit Analysis (and Individual Liberty)

Vaccines and Cost-Benefit Analysis (and Individual Liberty)

by Dan Mitchell | Apr 14, 2021 | Blogs, Health Care

I’ve written many times about the value of cost-benefit analysis for government policy. My go-to example is that a nationwide 5-mph speed limit would reduce traffic fatalities, but the resulting economic damage would be so pervasive that...
The Pointless Burden of Anti-Money Laundering Laws

The Pointless Burden of Anti-Money Laundering Laws

by Dan Mitchell | Apr 13, 2021 | Blogs, Crime, Society

Back in 2010, I narrated this video on money laundering for the Center for Freedom and Prosperity, mostly to help people understand that governments are imposing huge costs on both industry and consumers without any offsetting benefits (such as reductions in crime).....
Coronavirus and the Failure of Big Government: A Closer Look at the FDA

Coronavirus and the Failure of Big Government: A Closer Look at the FDA

by Dan Mitchell | Feb 6, 2021 | Big Government, Blogs, Health Care, Regulations

In my five-part series on coronavirus and the failure of big government (here, here, here, here, and here), the Food and Drug Administration (FDA) received some unflattering attention. Whether we’re examining its performance regarding equipment,...
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