by Dan Mitchell | Nov 24, 2017 | Blogs, Economics, Free Market
One of the interesting things I’ve noticed in my world travels is that supporters of free markets and small government generally are known as “liberals” everywhere other than North America. I think the rest of the world has the right idea. After all, folks like Adam...
by Dan Mitchell | Nov 20, 2017 | Blogs, Economics
When I write about the negative impact of statist policy, I focus on two types of nations. From the developed world, I highlight countries such as France, Greece, and Italy. And from the developing world, my favorite examples are places like Venezuela, Cuba, and North...
by Dan Mitchell | Nov 18, 2017 | Big Government, Blogs, Economics
The Great Depression was an unimaginably miserable period in American history. Income fell, unemployment rose, and misery was pervasive. But there was still room for political satire in the 1930s. Here’s a cartoon that I shared back in 2012. Based on the notations in...
by Dan Mitchell | Nov 17, 2017 | Blogs, Economics, Taxation
Left-wing columnists at the Washington Post have hit upon a theme. In late October, Ruth Marcus wrote a column asserting that tax cuts are “dangerous.” I explained why her argument was nonsensical, but that clearly didn’t have any impact since Robert Rubin has a new...
by Dan Mitchell | Nov 15, 2017 | Uncategorized
Inequality is now a major dividing line in the world of public policy. Supporters of limited government think it’s not a big issue and instead focus on the policies that are most likely to generate growth. Simply stated, they tend not to care if some people get richer...