by Dan Mitchell | Jul 23, 2018 | Big Government, Blogs, Energy, Taxation
I’ve been writing about proposed carbon taxes since 2012. My message is simple and straightforward. It’s possible to design a carbon tax that is theoretically appealing. Simply use all the revenue to get rid of some other tax that causes greater economic harm, such as...
by Dan Mitchell | Jun 26, 2018 | Big Government, Blogs, Health Care
I very much suspect Obama partisans and Trump partisans won’t like this column, but the sad reality is that both Obamacare and Trump’s protectionism have a lot in common. In both cases, government is limiting the freedom of buyers and sellers to engage in unfettered...
by Dan Mitchell | Jun 20, 2018 | Blogs, Economics
Back in January, I compared Reagan’s pro-trade views with Trump’s cramped protectionism. Well, here’s another video of the Gipper talking about trade. I especially like how he used “destructionism” to describe protectionism. And let’s consider exactly the kind of...
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...