by Dan Mitchell | Jun 4, 2025 | Blogs, Economics, Health Care, Taxation
I wrote back in 2016 that the health care exclusion was the worst loophole in America’s monstrosity of a tax code. Today’s column will explain why that is still true and we’ll begin with this short explainer video from the folks at Kite &...
by Dan Mitchell | May 19, 2025 | Blogs, Economics, Free Market
Back in 2017, I created my Fourth Theorem of Government in hopes of convincing timid Republicans that it would be politically beneficial to reduce the burden of government. My example was Ronald Reagan, who did things that seemed politically unpopular, such...
by Dan Mitchell | May 17, 2025 | Big Government, Blogs, Economics, Government Spending
Whenever anyone starts griping about government debt, I tell them they’re right. But I also tell that debt is just a symptom and that the real problem is an ever-growing burden of government spending. Moreover, I warn them that fixating on red ink...
by Dan Mitchell | May 16, 2025 | Blogs, Economics, Free Market
Let’s start today’s column with a refresher look at my video on creative destruction. I had two goals with this video. First, creative destruction can be painful, but it is an inherent and necessary part of the growth process. Second, creative destruction happens from...
by Dan Mitchell | May 14, 2025 | Blogs, Economics, Europe
There’s an enormous amount of data showing that people in the United States enjoy much higher livings standards than Europeans. That’s not too surprising since most European governments have adopted large-sized welfare states while...