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...
by Dan Mitchell | Nov 12, 2020 | Big Government, Blogs, Welfare and Entitlements
I’m a voracious consumer of publications that rank economic liberty and national competitiveness. Simply stated, these apples-to-apples rankings tell us which countries have policies that are friendly to growth (and thus the places that will enjoy rising living...
by Dan Mitchell | Oct 14, 2020 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Bernie Sanders was considered a hard-core leftist because his platform was based on higher taxes and higher spending. Elizabeth Warren also was considered a hard-core leftist because she advocated a similar agenda of higher taxes and higher spending. And Joe Biden,...
