by Dan Mitchell | Mar 27, 2022 | Blogs, Taxation
The economics of taxation is simple. The more you tax of something, the less you get of it. In some cases, such as taxing tobacco, people sometimes argue this is a good result. In other cases, such as taxing work, entrepreneurship,...
by Dan Mitchell | Mar 9, 2020 | Blogs, Economics, Free Market
Since libertarians are motivated by the non-aggression principle, it’s easy to understand why they support the capitalist system of voluntary exchange rather than alternative systems based on government coercion. But there are some who think markets are immoral, and...
by Dan Mitchell | Jul 20, 2019 | Big Government, Blogs, Society
As part of my collection of pro-and-con libertarian humor, I’ve shared some images of “Libertarian Jesus.” Libertarian Jesus I Libertarian Jesus II (though I suppose this is actually an example of anti-Libertarian Jesus) Libertarian Jesus III There’s another...
by Dan Mitchell | May 2, 2019 | Big Government, Blogs, Economics, Socialism
Since I think comparative economics can be very enlightening, I’m quite pleased to see a new study by David Burton of the Heritage Foundation, which uses several metrics to assess the relative merits of socialism and free enterprise. This is not necessarily an easy...
by Dan Mitchell | Nov 21, 2014 | Big Government, Blogs, Education
I don’t like coerced redistribution. When the government uses the threat of force to take from Person A to give to Person B, it simultaneously reduces Person A’s incentives to produce while also luring Person B into dependency. But not all coerced redistribution and...
