by Dan Mitchell | Oct 22, 2011 | Big Government, Blogs
I have no idea whether George Santayana was a good philosopher, but he certainly was right when he wrote, “Those who do not learn from history are doomed to repeat it.” Consider the fools in the U.S. Senate. They just voted to expand Fannie Mae and Freddie Mac...
by Dan Mitchell | Oct 13, 2011 | Blogs, Economic Growth, Economics, Free Market
The folks from the Koch Institute put together a great video a couple of months ago looking at why some nations are rich and others are poor. That video looked at the relationship between economic freedom and various indices that measure quality of life. Not...
by Dan Mitchell | Oct 8, 2011 | Big Government, Blogs
Over the years, Obama has said some really disturbing things. In my video on class warfare, I noted that Obama in 2008 said he wanted to raise the capital gains tax even if the government lost revenue. It was necessary to punish success, he said, to promote...
by Dan Mitchell | Oct 3, 2011 | Bailouts, Big Government, Blogs, Government Spending
I’ll start with an important caveat and state that Ford is far from a perfect company. It has its snout in the trough for boondoggles such as green energy programs. And it happily benefits from protectionist restrictions on foreign pickup trucks and SUVs. That having...
by Dan Mitchell | Sep 26, 2011 | Bailouts, Big Government, Blogs, Economics
This is getting surreal. We now have layers of bailouts around the world. Different nations are doing their own bailouts. On top of that, the Europeans have set up something called the European Financial Stability Facility, which does bailouts across the continent....
