by Dan Mitchell | Sep 24, 2015 | Big Government, Blogs, Economics
Two days ago, I contrasted the views of Pope Francis and Walter Williams about capitalism and morality. I explained that Walter had the upper hand because free markets are a positive-sum game based on voluntary exchange while redistribution (at best) is a zero-sum...
by Dan Mitchell | Sep 21, 2015 | Big Government, Blogs
In a perverse way, I admire leftists who openly express their desire for bigger government and less liberty. That’s why I (sort of) applauded when Matthew Yglesias wrote in favor of confiscatory tax rates while admitting the government wouldn’t generate any revenue....
by Dan Mitchell | Sep 18, 2015 | Big Government, Blogs, Economics, Government Spending
Almost everyone in Washington is talking about the recent GOP debate. I sent out a few tweets as I watched, and my main after-the-fact observation is that there was very little discussion about the ever-growing burden of government spending, which is America’s most...
by Dan Mitchell | Aug 28, 2015 | Blogs, Free Market
At the risk of stereotyping, the Chinese people are remarkably productive when given the chance. Hong Kong and Singapore are dominated by ethnic Chinese, and those jurisdictions routinely rank among the world’s top economies. Taiwan is another high-performing economy...
by Dan Mitchell | Aug 21, 2015 | Blogs, Europe
Bernie Sanders, Vermont’s pseudo-socialist senator, thinks that America can learn from Europe. He’s right. But he’s also wrong. That’s because he thinks that Europe is a role model to emulate rather than a warning signal of mistakes to avoid. Needless to say, that’s...
