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...
by Dan Mitchell | Nov 17, 2014 | Big Government, Blogs, Welfare and Entitlements
I wrote the other day about the importance of “social capital,” which is a catch-all phrase for a society’s attitudes about things such as the work ethic, a sense of self-reliance, and the spirit of independence. Today we’re going to look at the flip side of social...
by Dan Mitchell | Nov 6, 2014 | Big Government, Blogs, Economics, Welfare and Entitlements
The Pope recently made news by urging more compassion for the less fortunate, and he specifically said that raising the issue will lead some to think he’s a communist. Here are some excerpts from a news report in the U.K.-based Independent. In one his longest speeches...
by Dan Mitchell | Oct 12, 2014 | Big Government, Blogs, Welfare and Entitlements
Back in 2010, I shared some wise words from Walter Williams and Theodore Dalrymple about how society can become unstable when people figure they can “vote themselves money.” On a related note, I shared the famous “riding in the wagon” cartoons in 2011 and the “Danish...
by Dan Mitchell | Sep 12, 2014 | Blogs, Economic Growth, Economics
Why is President Obama so fixated on a class-warfare agenda of higher taxes on the rich and government dependency for the poor? Is it because a tax-the-rich agenda is good politics, as determined by clever pollsters who have tapped into the collective mind of American...