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...
by Dan Mitchell | Jun 25, 2022 | Big Government, Blogs, Free Market
My warm and fuzzy feelings for “capitalism” turn sour when someone promotes a modified version such as “common-good capitalism.” Why? Because I worry such terms imply a Trojan Horse for statism. And that’s definitely the case with so-called...
by Dan Mitchell | May 6, 2022 | Big Government, Blogs, Economics
Politicians in Washington very much like the idea of industrial policy. Steve Forbes, however, warns that legislation to expand cronyism would be a very bad idea. As Steve notes, politicians foolishly claim we need our own version of industrial policy...
