by Dan Mitchell | Oct 12, 2021 | Big Government, Blogs, Europe, Welfare and Entitlements
I freely admit that I don’t like President Biden’s fiscal agenda in part because of my libertarianism. Simply stated, I’m instinctively skeptical when someone wants to expand government. But I’m also an economist who believes in cost-benefit...
by Dan Mitchell | Oct 1, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements
When asked to list the worst presidents of the 20th century, Woodrow Wilson, Franklin Roosevelt, and Richard Nixon belong on the list. But this Reason video with Amity Shlaes shows why Lyndon Johnson also is among the worst of the worst. You should...
by Dan Mitchell | Sep 29, 2021 | Big Government, Blogs, Economics, Europe, Government Spending
A couple of days ago, I shared the most-recent data about “actual individual consumption” in nations that are part of the Organization for Economic Cooperation and Development. My goal was to emphasize my oft-stated point about people in the United...
by Dan Mitchell | Sep 26, 2021 | Big Government, Blogs, Welfare and Entitlements
A very persuasive argument against Biden’s fiscal agenda is that it makes no sense to copy the fiscal policies of European welfare states. Indeed, I routinely share this column from January, which looks at three different measures of comparative...
by Dan Mitchell | Sep 20, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements
Ten days ago, I shared some data and evidence illustrating how redistribution programs result in high implicit tax rates and thus discourage low-income people from climbing the economic ladder. Simply stated, why work harder or work more when an additional...
