by Dan Mitchell | Jul 22, 2021 | Blogs, Economics, Free Market
Last year, I weighed in on the debate about whether companies should be operated for the benefit of owners (shareholders) or for the broader community (stakeholders). Unsurprisingly, I sided with Milton Friedman and argued that businesses have a...
by Dan Mitchell | Jul 12, 2021 | Blogs, Economics, Free Market
I like capitalism, both because it’s moral and it delivers superior results compared to any alternative. I even have a 2-part series (here and here) on “defending capitalism” and a 5-part series on the “case for capitalism.” Part IPart...
by Dan Mitchell | Jun 22, 2021 | Blogs, Economics, Free Market
Last week, I shared Part I of my discussion with John Stossel about “capitalism myths.” Here’s Part II. In the first video, we discussed three myths about free enterprise. Myth #1 – Capitalists get rich by ‘taking’ money from others.Myth #2 – The rich getting richer,...
by Dan Mitchell | Jun 16, 2021 | Blogs, Economics, Free Market
I was a big fan of (and occasional guest on) John Stossel’s TV show, and I’m now a big fan of his videos (see here, here, here, here, here, here, and here). So it was an honor to appear in his latest video about...
by Dan Mitchell | May 29, 2021 | Big Government, Blogs, Economics, Free Market
When I debate public policy with leftists, I frequently stump them by asking for an example of a country where their ideas have worked. They get flummoxed for the simple reason that no nation has ever become rich with big government. There are some...
