by Dan Mitchell | Sep 25, 2020 | Blogs, Economics, Health Care
Last November, I criticized Nancy Pelosi’s scheme to impose European-style price controls on pharmaceutical drugs in the United States. I wasn’t the only one who objected to Pelosi’s reckless idea. We have forty centuries of experience demonstrating that price...
by Dan Mitchell | Sep 23, 2020 | Blogs, Economics, Health Care
I’ve shared many videos (here, here, here, here, here, and here) explaining how government has made America’s health system expensive and inefficient. I especially recommend my 2019 speech to the European Resource Bank. Now let’s add this video to our collection. One...
by Dan Mitchell | Sep 20, 2020 | Big Government, Blogs, Economics, Free Market
Earlier this month, as part of my ongoing series about convergence and divergence, I wrote about why South Korea has grown so much faster than Brazil. My main conclusion is that nations need decent policy to prosper, and Johan Norberg shares a similar perspective in...
by Dan Mitchell | Sep 17, 2020 | Blogs, Taxation
Every single economic school of thought agrees with the proposition that investment is a key factor in driving wages and growth. Even foolish concepts such as socialism and Marxism acknowledge this relationship, though they want the government to be in charge of...
by Dan Mitchell | Sep 15, 2020 | Blogs, Economics, Socialism
Back in 2017, I shared this video explaining why capitalism is unquestionably the best way to help poor people. I’m recycling the video today because it’s a great introduction for a discussion about how best to help poor people. As part of my Eighth Theorem of...
