by Dan Mitchell | Oct 6, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Imagine that we’re in a parallel universe and that you’re the lookout on the Titanic. But in this make-believe world, you have all sorts of fancy radar that allows you to detect icebergs with lots of advance notice. Furthermore, imagine that you detect danger and give...
by Dan Mitchell | Sep 19, 2017 | Big Government, Blogs, Welfare and Entitlements
Most economic policy debates are predictable. Folks on the left urge higher taxes and bigger government while folks on the right advocate lower taxes and smaller government (thanks to “public choice” incentives, many supposedly pro-market politicians don’t follow...
by Dan Mitchell | Sep 12, 2017 | Blogs, Economic Growth
Let’s consider some good news about America. Some folks on the left like to claim that the middle class is shrinking and that therefore we need bigger government and more redistribution to protect these Americans from falling into poverty. Well, the first half of that...
by Dan Mitchell | Aug 3, 2017 | Big Government, Blogs, Welfare and Entitlements
I confess that I’m never sure how best to persuade and educate people about the value of limited government. Is it best to make a moral and philosophical case against state coercion? Or is it best to make a practical case that a free society produces greater...
by Dan Mitchell | Aug 1, 2017 | Big Government, Blogs, Economics, Welfare and Entitlements
The notion that government should automatically give everyone money – a policy known as “universal basic income” – is now getting a lot of attention. From an economic perspective, I acknowledge that the idea should not be summarily rejected. Here’s some of what I...
