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In the 50-Year War on Poverty, Bureaucrats Have Won while Both Taxpayers and Poor People Have Lost

by Dan Mitchell | Sep 22, 2014 | Blogs, Economics, Welfare and Entitlements

We know the welfare state is good news for people inside government. Lots of bureaucrats are required, after all, to oversee a plethora of redistribution programs. Walter Williams refers to these paper pushers as poverty pimps, and there’s even a ranking showing which...

Subsidies and Third-Party Payer = Inefficiency and Higher Prices

by Dan Mitchell | Sep 18, 2014 | Blogs, Economics, Health Care

People sometimes think I’m strange for being so focused on the economic harm that results from third-party payer. But bear with me and we’ll see why it’s a very important issue. If you’re not already familiar with the term, third-party payer exists when someone other...

Embarrassment Alert: America’s Tax System Ranks Below Italy, Greece, and Mexico

by Dan Mitchell | Sep 15, 2014 | Blogs, Economics, Tax Competition, Taxation

I’ve complained over and over again that America’s tax code is a nightmare that undermines competitiveness and retards growth. Our aggregate fiscal burden may not be as high as it is for many of our foreign competitors, but high tax rates and poor design mean the...

Birth Control, Third-Party Payer, and the Politicization of Health Care

by Dan Mitchell | Sep 14, 2014 | Blogs, Economics, Health Care

America’s health care system is a mess, and we can assign almost all the blame on government. Simply stated, we don’t have functioning and efficient markets because Medicaid, Medicare, tax-code distortions, and other forms of regulation and intervention have created a...

Whether Looking at Policy or Politics, Growth Trumps Fairness

by Dan Mitchell | Sep 12, 2014 | Blogs, Economic Growth, Economics

Why is President Obama so fixated on a class-warfare agenda of higher taxes on the rich and government dependency for the poor? Is it because a tax-the-rich agenda is good politics, as determined by clever pollsters who have tapped into the collective mind of American...
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