by Dan Mitchell | Jan 6, 2020 | Big Government, Blogs, Economics
Just as the sun rises in the east and sets in the west, there are some consistent patterns with government. Politicians, for instance, will enact a policy that distorts the economy and causes damage (with regards to trade, bailouts, guns, health, whatever). And...
by Dan Mitchell | Sep 29, 2019 | Big Government, Blogs
The 2008 financial crisis was largely the result of bad government policy, including subsidies for the housing sector from Fannie Mae and Freddie Mac. This video is 10 years old, but it does a great job of explaining the damaging role of those two government-created...
by Dan Mitchell | Aug 5, 2019 | Blogs, Economics, Taxation
In my libertarian fantasies, we dramatically shrink the size of the federal government and return to pre-1913 policy by getting rid of the income tax. But if I’m forced to be at least vaguely realistic, the second-best option is scrapping the current tax code and...
by Dan Mitchell | May 29, 2019 | Big Government, Blogs, Regulations
While I constantly criticize the statist policies that are imposed in California, I can understand why people want to live there. There’s plenty of sunshine, a temperate climate, low humidity, and nice scenery. I even realize that lots of people like San Francisco,...
by Dan Mitchell | Mar 5, 2019 | Big Government, Blogs, Economics
What’s the worst thing the government does? That’s a difficult question to answer. I’ve argued that giving U.S. tax dollars to the OECD is the worst item in the budget, on a per-dollar-spent basis. And I’ve expressed scathing disdain for the horrid practice of civil...