by Dan Mitchell | Jun 10, 2018 | Blogs, Economics, Energy, Regulations
During the Obama years, I criticized the President for various green-energy scamsthat squandered money and produced scandals such as Solyndra. And I also noted that many Republicans were happy to support corrupt subsidies to inefficient sources of energy so long as...
by Dan Mitchell | May 22, 2018 | Blogs, Economics, Free Market
This morning in Monaco, I moderated a panel for the Convention of Independent Financial Advisors on the implications of an “uber-ized” economy. In my introductory comments, I asserted that the best part of capitalism was “creative destruction.” Simply stated, we all...
by Dan Mitchell | May 7, 2018 | Big Government, Blogs, Government Spending
When I wrote about “crazy Bernie Sanders” in 2016, I wasn’t just engaging in literary hyperbole. The Vermont Senator is basically an unreconstructed leftist with a disturbing affinity for crackpot ideas and totalitarian regimes. His campaign agenda that year was an...
by Dan Mitchell | Apr 19, 2018 | Big Government, Blogs
The good news is that some honest leftists have thrown in the towel and now openly admit that capitalism generates more prosperity. They still don’t want free markets, of course. For ideological reasons, they continue to push for a big welfare state. But at least they...
by Dan Mitchell | Mar 27, 2018 | Blogs, Economics, Regulations
Let’s look at some absurd examples of the regulatory state in action. We’ll start with bone-headed pizza regulation, as explained by the Wall Street Journal. FDA released guidance for posting calorie disclosures at restaurants with more than 20 locations, and the...
