by Dan Mitchell | Dec 31, 2014 | Big Government, Blogs, Economics, Government Spending, Health Care, Tax Competition, Taxation
Exactly one year ago, we looked at the best and worst policy developments of 2013. Now it’s time for a look back at 2014 to see what’s worth celebrating and what are reasons for despair. Here’s the good news for 2014. 1. Gridlock – I’ve been arguing for nearly...
by Dan Mitchell | Dec 12, 2014 | Big Government, Blogs, Welfare and Entitlements
Selection to the Moocher Hall of Fame is a special award that is bestowed upon “the individuals who best exemplify the culture of loafing, laziness, and dependency that is being subsidized by our vote-buying political class.” But it’s not limited to Americans....
by Dan Mitchell | Nov 17, 2014 | Big Government, Blogs, Welfare and Entitlements
I wrote the other day about the importance of “social capital,” which is a catch-all phrase for a society’s attitudes about things such as the work ethic, a sense of self-reliance, and the spirit of independence. Today we’re going to look at the flip side of social...
by Dan Mitchell | Nov 9, 2014 | Big Government, Blogs, Society
When discussing how to boost growth, economists often discuss the importance of human capital and physical capital. Those are key factors driving economic performance. After all, improvements in human capital mean a more productive workforce. And improvements in...
by Dan Mitchell | Nov 6, 2014 | Big Government, Blogs, Economics, Welfare and Entitlements
The Pope recently made news by urging more compassion for the less fortunate, and he specifically said that raising the issue will lead some to think he’s a communist. Here are some excerpts from a news report in the U.K.-based Independent. In one his longest speeches...