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Government-Run Companies vs. Private-Run Companies

Government-Run Companies vs. Private-Run Companies

by Dan Mitchell | Nov 27, 2019 | Big Government, Blogs, Economics, Socialism

In pure socialist systems, governments own and operate companies (the “means of production“). Such an approach also requires central planning and price controls. But you don’t need socialism to have government-controlled companies. There are plenty of “state-owned...
Fight on the Right, Part II: Debating “Common-Good Capitalism”

Fight on the Right, Part II: Debating “Common-Good Capitalism”

by Dan Mitchell | Nov 26, 2019 | Blogs, Economics, Free Market

I’m a big fan of Marco Rubio. The Florida Senator has been very good on some big issues and on some small issues. And he’s willing to fight important philosophical battles. No politician is perfect (for instance, Rubio defends sugar subsidies), so I’ve always judged...
Education Week, Part III: How Subsidies from Washington Are Making Colleges More Expensive and Bureaucratic

Education Week, Part III: How Subsidies from Washington Are Making Colleges More Expensive and Bureaucratic

by Dan Mitchell | Nov 20, 2019 | Big Government, Blogs, Education

As part of National Education Week, I’ve looked at the deterioration of K-12 government schools and also explained why a market-based choice system would be a better alternative. The good news is that we have a choice system for higher education. Students can choose...
Which Nations Have the Least Red Tape?

Which Nations Have the Least Red Tape?

by Dan Mitchell | Oct 28, 2019 | Big Government, Blogs, Economics, Regulations

The World Bank has released its annual report on the Ease of Doing Business. Unsurprisingly, the top spots are dominated by market-oriented jurisdictions, with New Zealand, Singapore, and Hong Kong (at least for now!) winning the gold, silver, and bronze. The United...
Government Policy, Cost-Benefit Analysis, and Life Expectancy

Government Policy, Cost-Benefit Analysis, and Life Expectancy

by Dan Mitchell | Oct 14, 2019 | Big Government, Blogs, Regulations

For a multitude of reasons, I wasn’t a fan of Mitt Romney’s candidacy in 2012. But when supporters of Barack Obama accused him of somehow being responsible for a woman who died from cancer, I jumped to his defense by pointing out the link between unnecessary deaths...
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