by Dan Mitchell | Feb 2, 2021 | Blogs, Economics, Minimum Wage
Assuming they behave ethically and earn money honestly, I applaud big companies and their wealthy owners. That’s why I recently defended Jeff Bezos’ large fortune. The owner of Amazon mostly (but not entirely) became rich by providing value to...
by Dan Mitchell | Dec 29, 2020 | Big Government, Blogs, Bureaucracy, Regulations
Every so often, I highlight tweets that deserve attention because they say something important, usually in a clever and succinct fashion. Best-ever tweet about inequality. Best tweet about capitalism vs socialism. The most depressing tweet. Trump’s worst-ever tweet....
by Dan Mitchell | Dec 27, 2020 | Big Government, Blogs, Regulations
When I write an everything-you-need-to-know column, I’m inevitably guilty of hyperbole. All that I’m really doing is highlighting a very compelling example of how politicians make a mess of just about anything they touch. That’s even true in the rare cases when...
by Dan Mitchell | Dec 20, 2020 | Big Government, Blogs, Economics, Regulations
Regulatory policy is one of the five ingredients in the recipe for growth and prosperity. Ideally, there should be a minimal amount of red tape, and it should be governed by sensible cost-benefit analysis (i.e., so it deals with genuine externalities such as...
by Dan Mitchell | Dec 17, 2020 | Big Government, Blogs, Regulations
Even though I agree with the “nanny state” crowd on a few issues (sugary soda and cigarettes are not healthy, for instance), I oppose their efforts to impose their preferences using government coercion. Especially when their initiatives lower our quality of life....
