by Dan Mitchell | Mar 26, 2018 | Big Government, Blogs, Bureaucracy
I’m not a fan of conspiracy theories. When people ask me whether there is some sinister, behind-the-scenes cabal running Washington, I tell them that petty corruption, self-interest, and “public choice” are much better explanations for the nonsensical policies being...
by Dan Mitchell | Mar 20, 2018 | Blogs, Financial Privacy
Beginning in the 1980s, money-laundering laws were enacted in hopes of discouraging criminal activity by making it harder for crooks to use the banking system. Unfortunately, this approach has been an expensive failure. They don’t reduce crime or discourage bad...
by Dan Mitchell | Mar 9, 2018 | Big Government, Blogs
Back in 2015, I wrote some columns about policy differences with folks who normally would be considered allies. In Part I, I defended the flat tax, which had been criticized by Reihan Salam In Part II, I explained why I thought a comprehensive fiscal package from the...
by Dan Mitchell | Oct 12, 2017 | Blogs, Economics
When writing about the Obamacare and its birth-control mandate, I’ve made a handful of observations. First, it is very bureaucratic and inefficient to use insurance for routine medical expenses. Sort of like using auto insurance to cover the cost of getting an oil...
by Dan Mitchell | Sep 7, 2017 | Big Government, Blogs
I wrote a four-part series about how governments are waging a war against cash, with the first two columns looking at why politicians are so interested in taking this radical step. In Part I, I looked at the argument that cash should be banned or restricted so...