by Dan Mitchell | Oct 20, 2024 | Blogs, Economics
With hurricane season (hopefully) coming to a close, this is a good opportunity to share this video from John Stossel about the absurdity of government-subsidized insurance in flood-prone areas. Kudos to Rand Paul for addressing this issue. It’s a textbook case of...
by Dan Mitchell | Aug 30, 2023 | Blogs, Europe
When I write about bad French policy, I’m usually referring to fiscal problems such as excessive spending and onerous taxation. Such as a retirement system with full benefits available at an absurdly low age (even after the recent reform). Or...
by Dan Mitchell | Aug 10, 2023 | Big Government, Blogs
The theory of “public choice” teaches us how politicians do dumb things because of perverse incentives. To illustrate, let’s look at something really dumb: sugar subsidies. I wrote about these inane subsidies back in 2018. In that column, I shared...
by Brian Garst | Dec 21, 2022 | Opinion and Commentary
Originally published by the Washington Examiner on December 15, 2022. While most of the country is preparing for the festive season by hanging decorations, budgeting shopping trips, and scheduling family get-togethers, a flurry of activity is commencing in Washington,...
by Dan Mitchell | May 22, 2022 | Blogs, Education
For years, I’ve been explaining that students have been hurt rather than helped by government programs to allegedly make higher education more affordable. How can this be true? For the simple reason that colleges and universities dramatically boosted tuition...