by Dan Mitchell | May 20, 2016 | Blogs, Economics, Free Market
From a leftist perspective, making lots of money is not necessarily a bad thing. Rich Hollywood celebrities almost always get a free pass, especially if they embrace statist beliefs. The crowd in Silicon Valley also is generally forgiven for being rich, perhaps...
by Dan Mitchell | May 9, 2016 | Blogs, Economics
From an economic perspective, too much government spending is harmful to economic performance because politicians and bureaucrats don’t have very good incentives to spend money wisely. More specifically, labor and capital will be misallocated because people in...
by Dan Mitchell | May 5, 2016 | Big Government, Blogs, Economics, Welfare and Entitlements
One of the more interesting policy debates, both in America and around the world, is whether convoluted and counterproductive welfare states should be scrapped and replaced with a “basic income” payment from the government. Finland is experimenting with the concept....
by Dan Mitchell | May 2, 2016 | Blogs, Economics
I’ve previously argued that private property rights are a vital component of a pro-environment agenda. Interestingly, the Washington Post sort of agrees. At least with regards to fisheries. In a recent editorial, it acknowledged that the current communal system...
by Dan Mitchell | Apr 18, 2016 | Big Government, Blogs, Free Market
Since Pope Francis is very critical of capitalism, I suppose it’s fitting that he had a special meeting with America’s crazy-Uncle-in-the-attic, Bernie Sanders. With my sixth-grade sense of humor, I confess that my initial instinct (perhaps motivated by the famous...
