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Fight on the Right, Part II: Debating “Common-Good Capitalism”

Fight on the Right, Part II: Debating “Common-Good Capitalism”

by Dan Mitchell | Nov 26, 2019 | Blogs, Economics, Free Market

I’m a big fan of Marco Rubio. The Florida Senator has been very good on some big issues and on some small issues. And he’s willing to fight important philosophical battles. No politician is perfect (for instance, Rubio defends sugar subsidies), so I’ve always judged...
Wealth Taxation and Confiscatory Effective Tax Rates

Wealth Taxation and Confiscatory Effective Tax Rates

by Dan Mitchell | Nov 15, 2019 | Blogs, Economics, Taxation

With their punitive proposals for wealth taxes, Bernie Sanders and Elizabeth Warren are leading the who-can-be-craziest debate in the Democratic Party. But what would happen if either “Crazy Bernie” or “Looney Liz” actually had the opportunity to impose such levies?...
The Deadly Impact of Pharma Price Controls

The Deadly Impact of Pharma Price Controls

by Dan Mitchell | Nov 12, 2019 | Blogs, Economics, Health Care

Yesterday, I shared part of an interview that focused on Mayor Pete Buttigieg’s scheme to give more subsidies to colleges, thus transferring money from poorer taxpayers to richer taxpayers. Here’s the other part of the interview, which revolved around a very bad idea...
Chile’s Pro-Market Reforms Have Been Especially Beneficial for Low-Income Citizens

Chile’s Pro-Market Reforms Have Been Especially Beneficial for Low-Income Citizens

by Dan Mitchell | Nov 6, 2019 | Blogs, Economics, Free Market

Last month, I criticized the New York Times for a very inaccurate attack against Chile’s successful pro-market reforms. The paper’s editorial asserted that only the rich have gained, a view that is utterly nonsensical and inaccurate. Indeed, I visited Chile about a...
Capitalism vs. Statism

Capitalism vs. Statism

by Dan Mitchell | Nov 5, 2019 | Big Government, Blogs, Economics, Free Market

Many libertarians support capitalism because of ethics and morality. Simply stated, they want an economic system based on voluntary exchange compared to statist alternatives (socialism, fascism, communism, etc) that rely on government coercion. I also like the...
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