by Dan Mitchell | Apr 16, 2020 | Big Government, Blogs, Economics
An unfettered “price system” is a core feature of capitalism, as explained in videos from Marginal Revolution, Learn Liberty, and Russ Roberts. This video from Don Boudreaux is a great addition to that collection. What happens, though, when politicians interfere with...
by Dan Mitchell | Apr 6, 2020 | Big Government, Blogs, Economics, Free Market
The current crisis teaches us that excessive regulation and bureaucratic sloth can have deadly consequences. Here’s John Stossel’s video with another lesson, explaining that we need more capitalism rather than more government. This seems like a no-brainer, especially...
by Dan Mitchell | Apr 2, 2020 | Bailouts, Blogs
Most economic downturns are caused by misguided government policy, which leads to predictable battles over how to address the fallout as well as battles over how to avoid the same mistakes in the future. Today’s crisis is different. It’s more akin to a natural...
by Dan Mitchell | Mar 27, 2020 | Big Government, Blogs, Free Market
Five days ago, I wrote “Coronavirus and Big Government” to highlight how sloth-like bureaucracy and stifling red tape deserve much of the blame for America’s slow response to the crisis. And I started that column by sharing four points from a previous column on...
by Dan Mitchell | Mar 25, 2020 | Big Government, Blogs, Taxation
Back in 2013, I joked that “you get bipartisanship when the Stupid Party and the Evil Party both agree on something.” That generally means bad outcomes, with the TARP bailout being a prime illustration. We now have another example since many Republicans and Democrats...
