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Venezuela and Santa Claus vs Thomas Sowell and the Little Red Hen

Venezuela and Santa Claus vs Thomas Sowell and the Little Red Hen

by Dan Mitchell | Dec 12, 2016 | Blogs, Economics

Earlier this year, I borrowed from Dante’s Inferno and created the Five Circles of Statist Hell. At the time, I suggested that Venezuela was on the cusp of moving from the third circle (“widespread poverty and economic misery”) to the fourth circle (“systematic and...

Trump Should Follow the Texas (or Hong Kong) Model of Small Government

by Dan Mitchell | Nov 23, 2016 | Big Government, Blogs

I’m very happy that we don’t have a one-world government, but my views have nothing to do with conspiratorial fears involving blue helmets and black helicopters. Instead, I’m happy that there are lots of independent nations because that means lots of different...
Tesla, SpaceX, SolarCity, and the Cancer of Cronyism

Tesla, SpaceX, SolarCity, and the Cancer of Cronyism

by Dan Mitchell | Nov 12, 2016 | Big Government, Blogs

It’s easy to define and/or understand most statist policies. We know that a tax increase is when politicians take (or, given the Laffer Curve, try to take) more of your money based on your decisions to work, save, shop, or invest. We know that protectionism is when...
Europe’s Dismal Future

Europe’s Dismal Future

by Dan Mitchell | Nov 10, 2016 | Big Government, Blogs, Economics, Government Spending

A couple of days ago, I wrote about Clemens Schneider’s hypothesis, presented at the European Students for Liberty regional conference in Maastricht, that 1356 was a very important year in European history because of two events that promoted decentralization and...
The Rise and Fall (and Rise) of Sweden

The Rise and Fall (and Rise) of Sweden

by Dan Mitchell | Nov 4, 2016 | Big Government, Blogs, Economics, Free Market

I’m in Sweden, where I just spoke before Timbro (a prominent classical liberal think tank) about the US elections and the implications for public policy. My main message was pessimism since neither Donald Trump nor Hillary Clinton support genuine entitlement reform....
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