by Dan Mitchell | Oct 15, 2021 | Big Government, Blogs
I will be very happy if politicians reject Biden’s tax-and-spend agenda because they realize it will undermine U.S. competitiveness and reduce American prosperity. But I’ll be pleased if they simply reject his budget because they’re scared of...
by Dan Mitchell | Sep 27, 2021 | Blogs, Taxation
Biden wants lots of class-warfare tax increases to fund a big increase in the welfare state. That would be bad news for the economy, but his acolytes claim that voters favor the president’s approach. Maybe that’s true in the United...
by Dan Mitchell | Jul 12, 2021 | Blogs, Economics, Free Market
I like capitalism, both because it’s moral and it delivers superior results compared to any alternative. I even have a 2-part series (here and here) on “defending capitalism” and a 5-part series on the “case for capitalism.” Part IPart...
by Dan Mitchell | Oct 28, 2020 | Blogs, Economics
Given my complete and utter disdain for socialism, I’m obviously a big fan of this discussion between Rand Paul and John Stossel. In the video, Paul and Stossel draw a distinction between market-friendly welfare states in Scandinavia and genuinely socialist nations...
by Dan Mitchell | Jul 26, 2020 | Blogs, Economics, Socialism
When I write about socialism, I often point out that there’s a difference between how economists define it (government ownership, central planning, and price controls) and how normal people define it (lots of taxes, redistribution, and intervention). These definitions...
