by Dan Mitchell | Aug 21, 2017 | Blogs
Trump has been President for more than 200 days and those of us who want more economic liberty don’t have many reasons to be happy. Obamacare hasn’t been repealed, the tax code hasn’t been reformed, and wasteful spending hasn’t been cut. The only glimmer of hope is...
by Dan Mitchell | Jun 22, 2017 | Big Government, Blogs, Crime, Regulations, Society
Thanks to decades of experience and research, we now know several things about so-called anti-money laundering (AML) laws. They don’t reduce crime or discourage bad behavior. They require banks to spy on innocent people and report their transactions. They impose heavy...
by Dan Mitchell | Feb 1, 2017 | Blogs, Financial Privacy
President Trump says he wants to roll back the burden of regulation. Give the morass of red tape that is strangling the economy, this is a very worthy goal. It’s also a daunting task. Fixing the sprawling regulatory state is the modern version of cleaning the Augean...
by Dan Mitchell | Nov 30, 2016 | Blogs, Crime, Financial Privacy, Society, Tax Havens, Taxation
The War against Cash is a battle that shouldn’t even exist. But politicians don’t like cash because it’s hard to control something that people can freely trade back and forth. So folks on the left are arguing that governments should ban or restrict paper money. In...
by Dan Mitchell | Oct 12, 2016 | Blogs, Crime, Financial Privacy, Society
Beginning in the 1970s and 1980s, the federal government (as well as other governments around the world) began to adopt policies based on the idea that crime could be reduced if you somehow could make it very difficult for criminals to use the money they illegally...
