by Dan Mitchell | Jul 30, 2010 | Blogs, Uncategorized
Whether we’re looking at TARP bailouts, Obamacare, or tax loopholes, a common theme is that politicians implement a policy by arguing they want to help the less fortunate. When the dust settles, however, it is often the case that politically well-connected rich people...
by Dan Mitchell | Jul 26, 2010 | Blogs, Health Care, Regulations, Taxation
I’ve decided my one legacy to the world is the phrase, “Bad government policy begets more bad government policy.” This term, which I am modestly calling Mitchell’s Law, describes what happens when government intervention (Fannie and Freddie, for example, or Medicare...
by Dan Mitchell | Jul 25, 2010 | Big Government, Blogs, Regulations
Almost every regulation presumably produces some benefit. The real issue is whether the benefits are significant and – even more important – whether they exceed the costs. Unfortunately, most regulations fail this common-sense test. A German magazine provides some...
by Dan Mitchell | Jul 21, 2010 | Blogs, Health Care
While it will be nice to say “I told you so” when Obamacare leads to bad results in America, I would much prefer to avoid having stories like this appear in the American press. But in the United Kingdom, where government controls more than 90 percent of the healthcare...
by Brian Garst | Jul 20, 2010 | Big Government, Blogs, Free Market
Iain Murray writes at the Washington Examiner that advocacy groups Change.org and the Alliance for Climate Protection are arguing – in an email entitled, “Don’t Let BP Win!” – that “Stalling climate and energy legislation would be a big win for oil...
