by Dan Mitchell | Apr 6, 2020 | Big Government, Blogs, Economics, Free Market
The current crisis teaches us that excessive regulation and bureaucratic sloth can have deadly consequences. Here’s John Stossel’s video with another lesson, explaining that we need more capitalism rather than more government. This seems like a no-brainer, especially...
by Dan Mitchell | Mar 27, 2020 | Big Government, Blogs, Free Market
Five days ago, I wrote “Coronavirus and Big Government” to highlight how sloth-like bureaucracy and stifling red tape deserve much of the blame for America’s slow response to the crisis. And I started that column by sharing four points from a previous column on...
by Dan Mitchell | Mar 17, 2020 | Blogs, Economics, Free Market
After Hitler’s National Socialists were defeated in World War II, the allies imposed price controls on the German economy for the ostensible purposes of fighting inflation and preventing “price gouging.” That policy led to massive shortages, black markets, and...
by Dan Mitchell | Mar 11, 2020 | Blogs, Free Market
Brexit was a battle over whether the United Kingdom would: Be a component part of the European Union Be a self-governing democracy Now that British voters have chosen the second option, there’s a secondary debate about what path to choose. Many Brexit supporters hope...
by Dan Mitchell | Mar 9, 2020 | Blogs, Economics, Free Market
Since libertarians are motivated by the non-aggression principle, it’s easy to understand why they support the capitalist system of voluntary exchange rather than alternative systems based on government coercion. But there are some who think markets are immoral, and...
