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...
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...
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...
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...
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...