The Moral Case for Capitalism and Small Government

by Dan Mitchell | May 5, 2012 | Blogs, Free Market

We know that the United States and most other developed nations are in deep trouble if we leave government policy on auto-pilot. And we know the painful day of reckoning will arrive even faster if we continue the Bush-Obama policies of expanding the burden of the...

Time to Follow Sweden’s Lead on Fiscal Policy

by Dan Mitchell | Apr 15, 2012 | Blogs, Economics, Free Market

Sweden has a very large and expensive welfare state, but it’s actually becoming a bit of a role model for economic reform. I’ve already commented on the country’s impressive school choice system and noted that the Swedes have partially privatized their Social Security...

Labor, Capital, Entrepreneurship and Economic Growth

by Dan Mitchell | Apr 13, 2012 | Big Government, Blogs, Economics, Free Market

A problem in Washington is that people who specialize in particular fields are tempted to exaggerate the importance of their issues. To cite a couple of examples: People who work on monetary policy think their issue is most important, and you can understand why after...

The Small Business Administration Should Be Abolished

by Dan Mitchell | Mar 21, 2012 | Big Government, Blogs, Free Market

Being pro-market is not the same as being pro-business. A free market means that nobody is using the coercive power of government to obtain unearned goodies, and that is true for big business as well as big labor, or any particular segment of the population. Indeed,...

When Obama Rejects Government Intervention and Says It Is Better to “Let the Market Work on Its Own,” You Need to Read the Fine Print

by Dan Mitchell | Mar 15, 2012 | Big Government, Blogs, Free Market, Regulations

Back in 2009, I got very excited when President Obama stated, “No business wants to invest in a place where the government skims 20 percent off the top.” Did that mean he wanted to reduce America’s punitive and anti-competitive corporate tax burden? Or maybe even fix...