by Dan Mitchell | May 13, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements
I wrote two days ago about subsidized unemployment, followed later in the day by this interview. This controversy raises a fundamental economic issue. I explained in the interview that employers only hire people when they expect a new worker will generate at...
by Dan Mitchell | Mar 27, 2021 | Big Government, Blogs, Immigration, Society, Welfare and Entitlements
In Part I of this series, I explained why it’s absurd to think illegal immigration can be stopped by sending foreign aid to less-developed countries, such as many of those in Central America. Simply stated, government-to-government handouts have never been a...
by Dan Mitchell | Mar 18, 2021 | Big Government, Blogs, Welfare and Entitlements
Here are four things to understand about poverty and dependency. Throughout most of human history, harsh material deprivation was the norm for the vast majority of people.The development of free enterprise and economic liberty led to dramatic...
by Dan Mitchell | Mar 10, 2021 | Big Government, Blogs, Welfare and Entitlements
Two days ago, I shared data showing that people in the big nations of Western Europe only have about 75 cents of income for every $1 that Americans earn. That’s a remarkable gap, and it’s getting larger rather than smaller, even though theory...
by Dan Mitchell | Feb 22, 2021 | Big Government, Blogs, Welfare and Entitlements
There are many compelling economic arguments against entitlement programs. They discourage savings.They discourage work.They are funded with taxes.They are funded with debt. Since I’m a libertarian, I also have moral concerns about...
