by Dan Mitchell | Nov 16, 2018 | Blogs, Economics, Free Market
I periodically ask my left-leaning friends to identify a nation that became rich with statist policies. They usually point to Sweden or Denmark, but I point out that Sweden and Denmark became rich in the 1800s and early 1900s, when government was very small. At that...
by Dan Mitchell | Nov 11, 2018 | Blogs, Economics, Free Market
I periodically explain that labor and capital are the two factors of production and that our prosperity depends on how efficiently they are allocated. But I probably don’t spend enough time highlighting how they are complementary, meaning that workers and capitalists...
by Dan Mitchell | Oct 20, 2018 | Blogs, Tax Competition, Taxation
If you live in Illinois or California and you’re sick and tired of high taxes and crummy government, should you have the freedom to move to a state with no income tax, such as Florida or Texas? The answer is yes (though Walter Williams joked that leftist politicians...
by Dan Mitchell | Sep 25, 2018 | Blogs, Uncategorized
Politically aware people generally understand the policy differences between conservative and liberals (as they are currently defined, not classical liberals). For those who don’t follow politics, there’s an accurate – and amusing – guide from Playboy that explains...
by Dan Mitchell | Sep 17, 2018 | Big Government, Blogs, Economics
I’ve written many times about socialism, which is sometimes a frustrating task because the definition is slippery. I suspect the average supporter of Bernie Sanders or Alexandria Ocasio-Cortez thinks that socialism is big government, with lots of handouts financed by...
