by Dan Mitchell | Mar 2, 2023 | Blogs
Most examples of Mitchell’s Law involve government passing a bad law (increase in minimum wage) that leads to a bad consequence (fewer jobs), which then becomes the excuse for a new bad law (job training programs). Sometimes, though, politicians don’t...
by Dan Mitchell | Dec 12, 2022 | Big Government, Blogs, Economics
One of my frustrations in life is that my friends on the left seem more interested in good intentions rather than good results. With regards to overall public policy, I challenge them with my “never-answered question” and they are unable to respond. With regards to...
by Dan Mitchell | Nov 1, 2022 | Big Government, Blogs
I’ve expressed opposition numerous times to so-called industrial policy because I don’t want politicians and bureaucrats to provide special favors to certain businesses or industries at the expense of everyone else. That’s a practice known...
by Dan Mitchell | Aug 9, 2022 | Big Government, Blogs
Supporting free enterprise does not mean supporting big companies. Why? Because as John Stossel and Tim Carney discuss, big businesses are more than willing to get into bed with big government and oppose capitalism. The goal should be genuine consumer-driven,...
by Dan Mitchell | Jun 26, 2022 | Big Government, Blogs
In Part I, I warned that “stakeholder capitalism” is not just empty virtue signaling. Some advocates are using the concept to promote a statist agenda. For Part II, let’s start with this video. The main message of the video is that ethical profits are good...