by Dan Mitchell | Nov 29, 2021 | Big Government, Blogs, Regulations
Tax issues such as depreciation, net operating losses, worldwide taxation, and carry forwards probably set the record for inducing boredom, but I suspect most people also have little interest in a workforce issue known as “employment...
by Dan Mitchell | Sep 30, 2021 | Big Government, Blogs, Regulations
Competent and honest people in the world of public policy understand that decisions have costs and benefits. Simply stated, there is no such thing as a free lunch, though politicians like to pretend otherwise (to cite an especially absurd example, the Biden...
by Dan Mitchell | Sep 8, 2021 | Big Government, Blogs, Economics, Regulations
Thomas Sowell is a great economist, but his expertise extends to other fields of study. Everything from history to education. But he’s also famous for being a great communicator, with dozens of well-known quotes. I use one of them on my rotating banner because it...
by Dan Mitchell | Sep 6, 2021 | Big Government, Blogs, Economics, Regulations
In my fantasy country of Libertaria, there is no Department of Labor, no regulation of employment contracts between consenting adults, and no favoritism for either labor or management. In the real world, the relevant question is...
by Dan Mitchell | Jul 5, 2021 | Big Government, Regulations
Most people say the key feature of capitalism is competition. Hard to argue with that characterization, but I would go one step further and say that it is one of the consequences of competition – “creative destruction” – that best captures why free markets...