by Dan Mitchell | Nov 23, 2018 | Big Government, Blogs, Health Care
While I have no objection to applauding Donald Trump’s good policies such as tax reform and deregulation, I also don’t hesitate to criticize his bad policies. His big missteps are protectionism and fiscal profligacy, but he also does small things that are misguided....
by Dan Mitchell | Nov 20, 2018 | Blogs, Economic Growth, Economics
I generally don’t write much about the distribution of income (most-recent example from 2017), largely because that feeds into the false notion that the economy is a fixed pie and that politicians should have the power to re-slice if they think incomes aren’t...
by Dan Mitchell | Nov 16, 2018 | Blogs, Economics, Free Market
I periodically ask my left-leaning friends to identify a nation that became rich with statist policies. They usually point to Sweden or Denmark, but I point out that Sweden and Denmark became rich in the 1800s and early 1900s, when government was very small. At that...
by Dan Mitchell | Nov 11, 2018 | Blogs, Economics, Free Market
I periodically explain that labor and capital are the two factors of production and that our prosperity depends on how efficiently they are allocated. But I probably don’t spend enough time highlighting how they are complementary, meaning that workers and capitalists...
by Dan Mitchell | Nov 10, 2018 | Blogs, Economics, Trade
Last month, I explained why trade deficits don’t matter. I make the same point in this short video from Freedom Partners. Near the end of the video, I pointed out that unfettered trade is good, whether with your neighbors or with people in other nations. And I also...
