by Dan Mitchell | Jul 21, 2011 | Big Government, Blogs, Government Spending
Kudos to the Concerned Women for America, not only for this clever video, but also for putting the focus on the burden of government spending rather than the symptom of too much red ink.
by Dan Mitchell | Jul 2, 2011 | Blogs, Economics, Minimum Wage
My Cato colleague, Mark Calabria, recently explained how the minimum wage destroys jobs, and I’ve written on several occasions why government-mandated wages can create unemployment by making it unprofitable to hire people with low work skills and/or poor work...
by Dan Mitchell | May 23, 2011 | Blogs, Uncategorized
Here’s a classic video from Reason TV mocking our intimate friends at the TSA. Enjoy…and share.
by Dan Mitchell | May 1, 2011 | Blogs, Taxation
I posted a joke about this last year, but this video makes the point much more effectively. When you tax and redistribute income or grades, you penalize those who achieve and work hard. Kudos to the college kids who put this together. The volume sometimes is...
by Dan Mitchell | Apr 18, 2011 | Blogs, Economics, Welfare and Entitlements
Economists often do a crummy job of teaching people about the impact of fiscal policy on the labor force, largely because we put people to sleep with boring discussions about “labor supply” decisions (my blog post from last year perhaps being an example of this...