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I’m Happy when Amazon and other Big Companies Prosper – Assuming Profits Are from Capitalism rather than Cronyism

I’m Happy when Amazon and other Big Companies Prosper – Assuming Profits Are from Capitalism rather than Cronyism

by Dan Mitchell | Jan 23, 2018 | Big Government, Blogs

I explained back in 2013 that there is a big difference between being pro-market and being pro-business. Pro-market is a belief in genuine free enterprise, which means companies succeed or fail solely on the basis of whether they produce goods and services that...
Another Chapter in the Never-Ending Story of Big Business Undermining Capitalism

Another Chapter in the Never-Ending Story of Big Business Undermining Capitalism

by Dan Mitchell | Jan 17, 2018 | Big Government, Blogs

With apologies to Elizabeth Barrett Browning, here’s the opening of the big-business version of Sonnet 43. How do I hate thee, capitalism? Let me count the ways. I hate thee to the depth and breadth and height My soul can reach, for I am big and competition is a...

Occupational Licensing: Another Way Politicians Hurt the Poor and Help their Cronies

by Dan Mitchell | Nov 25, 2017 | Big Government, Blogs, Regulations

Experts in the field of political marketing periodically tell me that you need to have sympathetic victims when trying to change policy. When pushing for Obamacare repeal, highlight a family who lost its health plan and now has to pay twice as much for insurance. When...
Free Enterprise, Creative Destruction, and Consumer Power

Free Enterprise, Creative Destruction, and Consumer Power

by Dan Mitchell | Oct 29, 2017 | Blogs, Economics, Free Market

I fully agree with my leftist friends who say that corporations want to extract every penny they can from consumers. I also (mostly) agree with them when they say corporations are soulless entities that don’t care about people. But after they’re done venting, I then...

To Fight Cronyism, Let’s Have Separation of Business and State

by Dan Mitchell | Aug 25, 2017 | Big Government, Blogs

In my 30-plus years in Washington, I’ve lived through some very bad pieces of legislation. George H.W. Bush’s betrayal of his “read my lips” promise with the 1990s tax increase. Bill Clinton’s 1993 tax hike, which OMB admitted 18 months later was a failure. All sorts...
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