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Answering a Silly Question: Of Course Government-Coerced Family Leave Is Anti-Market and Pro-Big Government

by Dan Mitchell | Apr 2, 2017 | Blogs, Economics

Donald Trump wants the federal government to subsidize child care. If enacted, this policy is sure to increase costs and lead to inefficiency, just as similar types of intervention have caused problems in both healthcare and higher education. While Trump’s proposal is...
A Big Benefit of Real Tax Reform Is Ending the Bias for Debt over Equity

A Big Benefit of Real Tax Reform Is Ending the Bias for Debt over Equity

by Dan Mitchell | Mar 30, 2017 | Blogs, Taxation

There are many powerful arguments for junking the internal revenue code and replacing it with a simple and fair flat tax. It is good to have lower tax rates in order to encourage more productive behavior. It is good to get rid of double taxation in order to enable...

The World’s Most Inefficient Healthcare System, Part II: Created by Government, Financed by Government

by Dan Mitchell | Mar 24, 2017 | Blogs, Economics, Health Care

I’m flabbergasted when people assert that America’s costly and inefficient healthcare system is proof that free markets don’t work. In hopes of helping them understand what’s really going on, I try to explain to them that an unfettered market involves consumers and...
Research from European Central Bank Measures How Regulation Stifles Growth and Reduces Living Standards

Research from European Central Bank Measures How Regulation Stifles Growth and Reduces Living Standards

by Dan Mitchell | Mar 20, 2017 | Big Government, Blogs, Economics, Regulations

It’s relatively easy to demonstrate how certain regulations make our lives less pleasant (inferior light bulbs, substandard toilets, inadequate washing machines, crummy dishwashers, etc). Furthermore, it’s also simple to highlight examples of foolish and...
Carbon Taxes: Worrisome in Theory, Bad in Reality

Carbon Taxes: Worrisome in Theory, Bad in Reality

by Dan Mitchell | Feb 11, 2017 | Big Government, Blogs, Government Spending, Taxation

I don’t have strong views on global warming. Or climate change, or whatever it’s being called today. But I’ve generally been skeptical about government action for the simple reason that the people making the most noise are statists who would use any excuse to increase...
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