by Dan Mitchell | May 4, 2023 | Blogs
It’s baffling and discouraging that some American politicians are pushing for industrial policy when it has a track record of failure. Because of real-world political considerations, such policies inevitably get captured by...
by Dan Mitchell | Mar 2, 2023 | Blogs
Most examples of Mitchell’s Law involve government passing a bad law (increase in minimum wage) that leads to a bad consequence (fewer jobs), which then becomes the excuse for a new bad law (job training programs). Sometimes, though, politicians don’t...
by Dan Mitchell | Jan 5, 2023 | Blogs, Health Care
Does the United States have a market-based health care system or a socialist health care system? That’s not an easy question to answer. Because of Medicare, Medicaid, and other government programs, taxpayers directly finance about 50 percent of...
by Dan Mitchell | Nov 1, 2022 | Big Government, Blogs
I’ve expressed opposition numerous times to so-called industrial policy because I don’t want politicians and bureaucrats to provide special favors to certain businesses or industries at the expense of everyone else. That’s a practice known...
by Dan Mitchell | Aug 26, 2022 | Big Government, Blogs
Way back in 2009, in the early days of writing this column, I shared an image that aptly summarizes the bad things that happen when politicians interfere with economic liberty. The simple message is that more government is almost always the wrong answer....