Posted in big government, Economic Issues, Free Society, Free-Market, Government Regulations, Government Spending, Income Inequality, Job loss, Liberty, Policy Issues, Tax Policy, Uncategorized

A Case for Less Central Planning & More Individual Economic Freedom

Data analyzed from the Fraser Institute’s Economic Freedom Index makes a solid case for the benefits of more individual economic freedom and less central planning.

Across time and comparing all levels of society, be it communities, States or between countries, those with more economic freedom as measured by the Economic Freedom Index enjoy…

  • Less unemployment
  • Higher incomes
  • Less poverty
  • Less income inequality
  • Less gender inequality
  • Less child labor abuses

All six of these factors should tend to maximize cooperation between groups and foster more peace and less conflict. By extension, then, it appears a case can be made that the ideal role of government is to prevent us from harming each other, ensure a fair regulatory playing field, enforce laws fairly, honor contracts and otherwise grant maximal economic freedom to individuals to do as the wish so long as they don’t harm others financially or physically.

Posted in big government, Consumption Inequality, Cost of labor, Economic Issues, Free-Market, Government Regulations, Government Spending, Income Inequality, Liberty, Minimum wage, National Debt, Policy Issues, Poverty, Progressivism, Rule of Law, Uncategorized, Wealth

Sorry, Bernie Sanders, but Disney Doesn’t Have To Apologize for Making $1.3 Billion with Avengers: Endgame – Reason.com

More importantly, if you care about improving the quality of life and living standards over time, the essential question is always about creating broad-based, sustainable economic growth. What are the conditions that are most likely to help the economy get bigger, stronger, and more resilient? At the top of the list is a government which promulgates simple, predictable, and widely enforced rules; spends within its limits and doesn’t pursue arbitrary trade wars and military interventions; and doesn’t bog down the future with an ever-increasing mountain of debt that tamps down growth and freezes out investment. Near the bottom of the list is something that is part of Sanders’ policy repertoire: Announcing bold new plans (Medicare for All! Free College for All!) without even pretending to know how to pay for them.

https://reason.com/2019/04/30/sorry-bernie-sanders-but-disney-doesnt-to-apologize-for-making-1-3-billion-with-avengers-endgame/

Posted in American Exceptionalism, Economic Issues, Education, Entitlements, Free Society, Free-Market, government incompetence, Government Regulations, Income Inequality, Job loss, Leadership, Liberty, Minimum wage, Organizational structure, Policy Issues, Progressivism, Quotes from American Presidents, Uncategorized

Discrimination and Disparities with Thomas Sowell

“The disconnect between the intention and what emerges”

A conversation with Dr. Thomas Sowell about the folly of political initiatives to solve disparate impact. With predictable irony, these same interventions often exacerbate the same problems the were commissioned to fix.

Posted in big government, Consumption Inequality, Dependency, Economic Issues, Entitlements, Free Society, Free-Market, Income Inequality, Job loss, Liberty, Poverty, Progressivism, Uncategorized

The IMF’s Recipe for Equal Levels of Decline and Stagnation | International Liberty

…after reading a new study from the International Monetary Fund, I’m wondering if I’m underestimating the left’s fixation with inequality and the amount of economic damage they’re willing to inflict to achiever greater equality of outcomes.

Here are some introductory passages to explain the goal of the research.

https://danieljmitchell.wordpress.com/2017/11/15/the-imfs-recipe-for-equal-levels-of-decline-and-stagnation/