by Dan Mitchell | Aug 13, 2022 | Blogs, Economics, Health Care
The central message of “Mitchell’s law” is certainly not something I concocted. Economists and other policy experts have known for a couple of hundred years that politicians have a tendency to makes mistakes and then use the resulting damage as a justification...
by Dan Mitchell | Jul 19, 2022 | Big Government, Blogs, Health Care
There are all sorts of reasons to dislike the Food & Drug Administration. Based on the number of lives lost, the bureaucracy’s foot-dragging on drug approval would be at the top of the list. Though the FDA’s inefficiencies also resulted...
by Dan Mitchell | Jun 26, 2022 | Big Government, Blogs
In Part I, I warned that “stakeholder capitalism” is not just empty virtue signaling. Some advocates are using the concept to promote a statist agenda. For Part II, let’s start with this video. The main message of the video is that ethical profits are good...
by Dan Mitchell | Jun 25, 2022 | Big Government, Blogs, Free Market
My warm and fuzzy feelings for “capitalism” turn sour when someone promotes a modified version such as “common-good capitalism.” Why? Because I worry such terms imply a Trojan Horse for statism. And that’s definitely the case with so-called...
by Dan Mitchell | May 22, 2022 | Blogs, Education
For years, I’ve been explaining that students have been hurt rather than helped by government programs to allegedly make higher education more affordable. How can this be true? For the simple reason that colleges and universities dramatically boosted tuition...
