by Dan Mitchell | Jan 27, 2022 | Blogs, Free Market
There were many notable tweets in 2021. The tweet of the yearThe most morally reprehensible tweetThe most depressing tweet (for the left)The best counter-tweet I realize there are still more than 11 months left in 2022, but we may have a...
by Dan Mitchell | Jan 9, 2022 | Blogs, Economics
There are many well-meaning people who support statist policies such as punitive taxation because they believe in the zero-sum fallacy, which is explained in this short video by Madsen Pirie of London’s Adam Smith Institute. The zero-sum fallacy is especially noxious...
by Dan Mitchell | Dec 9, 2021 | Blogs, Society
I have a four-part series (here, here, here, and here) that explains why it’s much better to focus on fighting poverty rather than fretting about inequality. I also think that our friends on the left who fixate on inequality are...
by Dan Mitchell | Oct 16, 2021 | Blogs, Economics
A regular theme of these columns is that the economy is not a fixed pie. If Person A becomes rich, that doesn’t mean less income for Persons B and C. Indeed, the evidence is very strong that successful entrepreneurs only capture a tiny fraction of the...
by Dan Mitchell | Sep 21, 2021 | Blogs, Economics
Our friends on the left believe (or at least claim to believe) that the United States is an unfair nation because the rich get richer and the poor get poorer. More specifically, they assert that the economy is a fixed pie and that when people like Bill Gates...