by Dan Mitchell | Oct 15, 2019 | Blogs, Economics
Last year, I wrote a column that investigated why the left is fixated on the unequal distribution of income and wealth, yet doesn’t seem to care at all about unequal distribution of attractiveness. The question becomes even more intriguing when you consider that...
by Dan Mitchell | Sep 23, 2019 | Big Government, Blogs, Welfare and Entitlements
When “basic income” became an issue a few years ago, I was instinctively opposed because I don’t want Uncle Sam sending big checks to everyone in the country. But I admitted that there were a few reasonable arguments for the idea. Most notably, plans for a basic...
by Dan Mitchell | Aug 30, 2019 | Blogs, Economics, Socialism
Three years ago, I shared a cartoon that succinctly summarized the problem with socialism and the welfare state. It’s the same lesson that we also get from Thomas Sowell, which is that redistribution over time creates an ever-larger number of dependents financed by...
by Dan Mitchell | Jul 3, 2019 | Big Government, Blogs, Economics, Socialism
By offering all sorts of freebies to various constituencies, Bernie Sanders has positioned himself as the true-believing socialist in the Democratic race (even though he’s actually a member of the “top-1 percent”). But he has plenty of competition. Kamala...
by Dan Mitchell | Apr 4, 2019 | Big Government, Blogs
Even though I (correctly) doubted the Trump Administration’s sincerity, I applauded proposed reductions in foreign aid back in 2017. I very much want to reduce poverty in poor nations, of course, but the evidence is very strong that government handouts don’t do a very...
