by Dan Mitchell | Apr 2, 2018 | Big Government, Blogs
Yesterday’s column looked at the continued government-caused decay of Venezuelan society. To put it mildly, it’s a very sad story of how pervasive statism can destroy a country. I also wondered whether leftists such as Bernie Sanders, Michael Moore, and Jeremy Corbyn...
by Dan Mitchell | Apr 1, 2018 | Big Government, Blogs
As far as I’m concerned, everything you need to know about capitalism vs. statism is captured in this chart comparing per-capita economic output in Chile and Venezuela. Ask yourself which country offers more opportunity, especially for the poor? The obvious answer is...
by Dan Mitchell | Mar 26, 2018 | Big Government, Blogs, Bureaucracy
I’m not a fan of conspiracy theories. When people ask me whether there is some sinister, behind-the-scenes cabal running Washington, I tell them that petty corruption, self-interest, and “public choice” are much better explanations for the nonsensical policies being...
by Dan Mitchell | Mar 5, 2018 | Blogs, Economics, Free Market
Not all leftists are alike. I speculated a couple of years ago that there were four types of statists and put them on a spectrum. I put “rational leftists” at one end. If you wanted to pick a nation that represents this mindset, think Sweden. Nice, civilized,...
by Dan Mitchell | Feb 21, 2018 | Big Government, Blogs
Since I called Trump a big-government Republican during the 2016 campaign and just condemned his capitulation to a spendaholic budget deal, it goes without saying that I’m not a huge fan of the President. Heck, I also recently criticized his protectionism, warning...