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The Government’s War on Money Laundering Is Causing the Wrong Kind of Casualties

The Government’s War on Money Laundering Is Causing the Wrong Kind of Casualties

by Dan Mitchell | Feb 1, 2017 | Blogs, Financial Privacy

President Trump says he wants to roll back the burden of regulation. Give the morass of red tape that is strangling the economy, this is a very worthy goal. It’s also a daunting task. Fixing the sprawling regulatory state is the modern version of cleaning the Augean...
Occupational Licensing: How Government-Created Barriers to Work Are Undermining Mobility and America’s Economy

Occupational Licensing: How Government-Created Barriers to Work Are Undermining Mobility and America’s Economy

by Dan Mitchell | Jan 24, 2017 | Big Government, Blogs, Economics, Regulations

Red tape is a huge burden on the American economy, with even an Obama Administration bureaucracy acknowledging that costs far exceed supposed benefits. And the problem gets worse every year. If I had to pick the worst example of foolish regulation, there would be lots...
In One Story, Everything You Need to Know about Big Government and Small Business

In One Story, Everything You Need to Know about Big Government and Small Business

by Dan Mitchell | Jan 10, 2017 | Big Government, Blogs, Economics, Free Market, Regulations

All things considered, I like small businesses more than big businesses. Not because I’m against large companies, per se, but rather because big businesses often use their political influence to seek unearned and undeserved wealth. If you don’t believe me, just look...
A Secret Glimpse at Life Inside a Bureaucracy

A Secret Glimpse at Life Inside a Bureaucracy

by Dan Mitchell | Jan 9, 2017 | Big Government, Blogs

More than two years ago, I shared a couple of humorous images showing the languorous lifestyle of lazy bureaucrats. While those images were amusing, they didn’t really capture the true nature of bureaucracy. For a more accurate look at life inside Leviathan, here’s a...
A New Year’s Message for Interventionists: Workers Do Best in Unregulated Labor Markets

A New Year’s Message for Interventionists: Workers Do Best in Unregulated Labor Markets

by Dan Mitchell | Jan 5, 2017 | Big Government, Blogs, Economics, Regulations

It’s time to channel the wisdom of Frederic Bastiat. There are many well-meaning people who understandably want to help workers by protecting them from bad outcomes such as pay reductions, layoffs, and discrimination. My normal response is to remind them that the best...
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