by Dan Mitchell | Aug 4, 2021 | Big Government, Blogs, Taxation
I’ve written many times about how big businesses often climb in bed with politicians to lobby for anti-market policies such as subsidies, bailouts, and protectionism. To get these special favors, they often deploy the “baptists and...
by Dan Mitchell | Aug 1, 2021 | Blogs, Economics
China is not going to surpass the United States as the world’s dominant economy. As I first wrote back in 2010, China is a paper tiger. Yes, there was some pro-market reform last century, which helped reduce mass poverty, but China only took...
by Dan Mitchell | Apr 12, 2021 | Blogs, Economics
While debunking OECD and IMF research on inequality, I explained that it’s important to distinguish between income that is earned honestly and loot that is obtained thanks to government cronyism. That’s also the message of this video from the...
by Dan Mitchell | Feb 2, 2021 | Blogs, Economics, Minimum Wage
Assuming they behave ethically and earn money honestly, I applaud big companies and their wealthy owners. That’s why I recently defended Jeff Bezos’ large fortune. The owner of Amazon mostly (but not entirely) became rich by providing value to...
by Dan Mitchell | Aug 21, 2020 | Big Government, Blogs, Regulations
When I wrote yesterday that Trump’s overall rating on economic policy was “bad,” a few people wrote to complain. I did acknowledge in the column that it may be too soon to give the current president a grade, but it’s not looking good. He not only has a bad record on...