by Dan Mitchell | Nov 10, 2019 | Big Government, Blogs, Taxation, Welfare and Entitlements
I give Bernie Sanders and Andrew Yang credit for a bit of honesty. Both of them have proposals to significantly – indeed, dramatically – expand the burden of government spending, and they actually admit their plans will require big tax increases on lower-income and...
by Dan Mitchell | Nov 6, 2019 | Blogs, Economics, Free Market
Last month, I criticized the New York Times for a very inaccurate attack against Chile’s successful pro-market reforms. The paper’s editorial asserted that only the rich have gained, a view that is utterly nonsensical and inaccurate. Indeed, I visited Chile about a...
by Dan Mitchell | Nov 5, 2019 | Big Government, Blogs, Economics, Free Market
Many libertarians support capitalism because of ethics and morality. Simply stated, they want an economic system based on voluntary exchange compared to statist alternatives (socialism, fascism, communism, etc) that rely on government coercion. I also like the...
by Dan Mitchell | Nov 1, 2019 | Big Government, Blogs, Economics, Socialism
Lord Acton famously noted that “power corrupts and absolute power corrupts absolutely.” I need to develop something similar about socialism. Based on the statism spectrum, it could be something like “socialism deprives and absolute socialism deprives absolutely.” In...
by Dan Mitchell | Sep 27, 2019 | Blogs, Uncategorized
I’m a big fan of globalization, so does that make me a globalist? That depends on what is meant by that term. If it means free trade and peaceful interaction with other nations, the answer is yes. But if it means global governance by anti-market bureaucracies such as...
