by Dan Mitchell | Feb 9, 2024 | Big Government, Blogs, Economics, Regulations
I wrote three columns about occupational licensing in 2017 (here, here, and here), but have since neglected the issue. It’s time to revisit the issue, and we’ll start with this John Stossel video. One of the reasons I’m writing about the issue is that the...
by Dan Mitchell | Feb 4, 2024 | Blogs, Economics, Free Market
I explained a few months ago how poor nations can converge with rich nations. The recipe for prosperity is actually very simple, as Adam Smith wrote centuries ago. Sadly, most governments don’t follow that recipe, largely because...
by Dan Mitchell | Feb 2, 2024 | Blogs, Economics
I rarely comment about media bias, but sometimes there is an example that demands attention. For today’s column, I want to examine a four-question quiz on the Biden economy put together by the Washington Post. The first...
by Dan Mitchell | Jan 31, 2024 | Blogs, Economics, Free Market, Socialism
I’ve written critical columns about the failure of Venezuelan socialism and I’ve written laudatory columns about the success of Chile’s free markets reforms. Today, let’s compare and contrast what has happened to...
by Dan Mitchell | Jan 23, 2024 | Big Government, Blogs, Economics, Government Spending, Taxation
The Laffer Curve is the common-sense notion that there is not a simplistic mechanical relationship between tax rates and tax revenue. You also have to consider potential changes to what’s being taxed. I’ve cited interesting case studies...
