by Dan Mitchell | Mar 24, 2023 | Big Government, Blogs, Welfare and Entitlements
I’ve repeatedly expressed opposition to “universal basic income” and I repeated those concerns as part of a conference at the Acton Institute earlier this week. If you don’t want to spend two minutes to watch the video, all you need to know is that I’m worried that...
by Dan Mitchell | Feb 12, 2023 | Big Government, Blogs
My Fourteenth Theorem of Government explains that when government intervenes for the ostensible purpose of providing help to poor people in the short run, it is all but inevitable that such policies will hurt poor people in the long run. It...
by Dan Mitchell | Dec 21, 2022 | Big Government, Blogs
When writing about employment and jobs, I often try to remind people about a handful of important observations. A nation’s economic output is determined in part by the number of people gainfully employed.The share of working-age people with...
by Dan Mitchell | Nov 29, 2022 | Big Government, Blogs, Welfare and Entitlements
The worst piece of legislation in 2021 was Biden’s so-called stimulus, which added $1.9 trillion to America’s fiscal burden. The worst provision of that legislation almost certainly was a temporary per-child entitlement of $3,000-$3,600. Biden then...
by Dan Mitchell | Nov 17, 2022 | Big Government, Blogs, Welfare and Entitlements
When I write about Argentina, I normally have bad things to say. The world’s worst-performing economy over the past 100 years.A nation victimized by a version of modern monetary theory.An example of how big...