by Dan Mitchell | Sep 12, 2020 | Big Government, Blogs
Politicians often support “industrial policy,” which means they get to grant special favors to well-connected companies or industries. But as explained by Professor Burton Folsom, this approach didn’t work very will in the 1800s. It’s not surprising, of course, that...
by Dan Mitchell | Aug 21, 2020 | Big Government, Blogs, Regulations
When I wrote yesterday that Trump’s overall rating on economic policy was “bad,” a few people wrote to complain. I did acknowledge in the column that it may be too soon to give the current president a grade, but it’s not looking good. He not only has a bad record on...
by Dan Mitchell | May 13, 2020 | Big Government, Blogs, Regulations
From the perspective of lifestyle (factors such as climate, scenery, and recreational opportunities), there’s probably no better state in which to live than California. But if you want to be an entrepreneur, start a business, and create jobs, the Golden State is one...
by Dan Mitchell | May 11, 2020 | Big Government, Blogs, Regulations
Since I’ve never smoked or vaped, I have no personal interest in the the regulatory battle over vaping and e-cigarettes. That being said, I started writing about this issue back in 2016 because it involves several important principles. The libertarian argument that...
by Dan Mitchell | Apr 29, 2020 | Bailouts, Big Government, Blogs
Since government officials have imposed severe restrictions on economic activity, I’m sympathetic to the notion that businesses should be compensated. But, as I warn in this CNBC interview, I have major concerns about big government and big business getting in bed...