by Dan Mitchell | Jan 11, 2014 | Blogs, Economics
If you ask an economist about the difference between capitalism and socialism, you’ll probably get a boring answer about the size of government, the impact on incentives, and the power of the state. Or maybe you’ll get a nit-picking answer, sort of like when I...
by Dan Mitchell | Jan 10, 2014 | Blogs, Economic Growth, Economics
Washington is in the middle of another debate about redistributing money. But that’s hardly newsworthy. Politics, after all, is basically a never-ending racket in which insiders buy votes and accumulate power with other people’s money. The current debate about...
by Dan Mitchell | Dec 27, 2013 | Blogs, Economics, Health Care
Not counting humor-oriented pieces such as this and this, it’s been nearly a month since I’ve written about Obamacare. To make up for this oversight, today we’re going to look at a way out of the Obamacare mess. But the goal isn’t simply to repeal the President’s bad...
by Dan Mitchell | Dec 25, 2013 | Big Government, Blogs, Economics, Government Spending
Jay Leno had the all-time best Christmas joke and the school bureaucrats in Haymarket, VA, win the prize for the all-time worst example of anti-Christmas lunacy. But I must win the prize for being the biggest Christmas policy dork. I make this confession freely...
by Dan Mitchell | Dec 22, 2013 | Big Government, Blogs, Taxation
It’s not easy being a libertarian, particularly if you follow public policy. Thomas Jefferson almost certainly was right when he wrote that “The natural progress of things is for liberty to yield, and government to gain ground.” Heck, just look at how small government...
