by Dan Mitchell | Feb 24, 2015 | Big Government, Blogs, Europe, Welfare and Entitlements
Since I’m in the United Kingdom, it’s appropriate to announce that another Briton has been elected to the Moocher Hall of Fame. Ms. Kay Bird deserves this “honor” because it takes a very reprehensible entitlement mentality to brag about taking a global holiday with...
by Dan Mitchell | Feb 5, 2015 | Blogs, Economics, Tax Competition, Taxation
I’m a relentless (probably to the point of being annoying) proponent of tax competition among jurisdictions. It’s one of the reasons why I favor tax havens and federalism. Simply stated, politicians are less likely to do bad things when they know economic activity can...
by Dan Mitchell | Jan 18, 2015 | Big Government, Blogs, Welfare and Entitlements
If the Moocher Hall of Fame ever moves from the virtual world to brick-and-mortar reality, it’s going to need a lot of space. That’s because, to use a politically correct term, many of the featured freeloaders are plus-sized. Stanley looks like a rather robust eater,...
by Dan Mitchell | Dec 30, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian
I’m tempted to feel a certain degree of sympathy for Paul Krugman. As a leading proponent of the notion that bigger government stimulates growth (a.k.a., Keynesian economics), he’s in the rather difficult position of rationalizing why the economy was stagnant when...
by Dan Mitchell | Nov 17, 2014 | Big Government, Blogs, Welfare and Entitlements
I wrote the other day about the importance of “social capital,” which is a catch-all phrase for a society’s attitudes about things such as the work ethic, a sense of self-reliance, and the spirit of independence. Today we’re going to look at the flip side of social...