by Dan Mitchell | Aug 21, 2022 | Big Government, Blogs
I’ve written several times about federally subsidized flood insurance, mostly to complain that it is terrible policy. People are encouraged to build homes in low-lying areas, which then leads to needless destruction during floods. The monetary cost...
by Dan Mitchell | Aug 20, 2022 | Blogs, Energy
I don’t like big-government Republicans in the United States, so it naturally follows that I don’t like big-government Tories in the United Kingdom. Indeed, I wrote just a few days ago about the new leadership race for the Conservative...
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...