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...
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...
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,...
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...
by Dan Mitchell | Feb 24, 2012 | Blogs, Economics, Free Market
What is the best way improve economic performance and boost living standards? If you listen to politicians, they would like us to think that adopting Policy A or repealing Policy B is a magic elixir. And if that means adopting a flat tax or repealing Obamacare, I’ll...