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...
by Dan Mitchell | May 17, 2022 | Big Government, Blogs, Regulations
While I definitely criticized the Food and Drug Administration for its many mistakes during the pandemic, I only made passing reference to that bureaucracy when referencing the shortage of baby formula during the concluding portion of a recent program. And even that...
by Dan Mitchell | May 16, 2022 | Blogs, Health Care
Most people would say high prices are the biggest problem with health care in the United States. But high prices should be viewed as the symptom of the real problem, which is “third-party payer.” And what is third-party payer? It’s the fact that consumers purchase...
by Dan Mitchell | May 6, 2022 | Big Government, Blogs, Economics
Politicians in Washington very much like the idea of industrial policy. Steve Forbes, however, warns that legislation to expand cronyism would be a very bad idea. As Steve notes, politicians foolishly claim we need our own version of industrial policy...