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 Dan Mitchell | Oct 31, 2020 | Big Government, Blogs
I normally share this comedy skit every Halloween, but let’s go for a change of pace and peruse this video about the government’s awful system of sugar subsidies. But we do some appropriately themed humor, thanks to the satirists at Babylon Bee. It’s Halloween, which...
by Dan Mitchell | Feb 14, 2018 | Big Government, Blogs, Economics
Government intervention is not good for economic prosperity. That general observation is both accurate and appropriate, but it might also be helpful to contemplate what sector of the economy suffers the most damage and distortion because of government. In terms of...