by Dan Mitchell | Dec 16, 2014 | Big Government, Blogs
Let’s compare two politicians, Senator Elizabeth Warren of Massachusetts and Congressman Jeb Hensarling of Texas, to see which one actually has the courage to fight against powerful interest groups. We’ll start with Senator Warren. She portrays herself as the scourge...
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...
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...
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...
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....