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How Washington Profits by Pillaging America

How Washington Profits by Pillaging America

by Dan Mitchell | Nov 4, 2014 | Big Government, Blogs, Bureaucracy, Government Spending

I’ve been banging the drum for years about Washington being a racket for the benefit of politicians, cronyists, bureaucrats, contractors, lobbyists, interest groups, and other insiders. I’ve written about horrific examples of bloated spending that line the...

Corporate Welfare: Can Republicans Kick the Habit?

by Dan Mitchell | Sep 10, 2014 | Bailouts, Big Government, Blogs

I periodically try to explain that there’s a big difference between being pro-market and pro-business. Simply stated, policy makers shouldn’t try to penalize businesses with taxes,mandates, and regulations. But neither should politicians seek to subsidize...

Debunking the Sloppy and Inaccurate Economic Argument for Export Subsidies

by Dan Mitchell | Aug 26, 2014 | Big Government, Blogs, Competition

The Export-Import Bank is noxiously corrupt example of crony capitalism. It never should have been created. But that’s something we could say about most government programs. So the real question is how to reverse the damage. If we reform a big program such as...

We Get Bad Analysis when Statists Write Economic History

by Dan Mitchell | Jul 31, 2014 | Blogs, Economics, Free Market

When major changes occur, especially if they’re bad, people generally will try to understand what happened so they can avoid similar bad events in the future. This is why, when we’re looking at major economic events, it’s critical to realize that narratives matter....

Thanks to Lobbying, Banks Obtain Unearned Wealth and Increase Systemic Risk

by Dan Mitchell | Jul 18, 2014 | Bailouts, Blogs

I periodically comment about government corruption, often in the context of trying to make the general point that shrinking the size and scope of the public sector is the most effective way of reducing sleaze in Washington. Now let’s get specific. I’ve already...
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