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Another Magnificent Moment in the World of Government Stimulus
Most of my work on government stimulus focuses on economic theory and evidence. But every so often it’s a good idea to remind ourselves of the ridiculous ways that government… Read more
Paul Krugman and the European Austerity Myth
With both France and Greece deciding to jump out of the left-wing frying pan into the even-more-left-wing fire, European fiscal policy has become quite a controversial topic. But I find… Read more
The Geese with the Golden Eggs Are Preparing to Escape France
Even though he is a foolish statist, I wanted Francois Hollande to win the French presidency. Sarkozy was a statist as well, after all, and my “Richard Nixon Disinfectant Rule”… Read more
Doubling Down on Failure: Former Obama Official Calls for U.S.-Financed Keynesian Spending Binge in Europe
There’s an old saying that insanity is doing the same thing over and over again while expecting different results. This certainly is a good description of Keynesians, who relentlessly push more… Read more
Portuguese Finance Minister Admits Keynesian Stimulus Was a Flop, but Don’t Hold Your Breath Waiting for Obama to Make a Similar Confession
President Obama imposed a big-spending faux stimulus program on the economy back in 2009, claiming that the government needed to squander about $800 billion to keep the unemployment rate from… Read more
Miracles Do Happen: Someone in Brussels Accurately Analyzes Europe’s Fiscal Crisis!
With the exception of a few top-notch thinkers such as Pierre Bessard and Allister Heath, there are very few people in Europe who can intelligently analyze public policy, particularly with… Read more
If You Want To Understand Why Obama’s Tax Agenda Is Bad for Workers, this Picture Says a Thousand Words
A good tax system (like the flat tax) does not impose extra layers of tax on income that is saved and invested. I’ve tried to emphasize this point with a… Read more
Comparing Obamanomics with Reaganomics, Looking at Evidence from the States
I’ve done a couple of posts comparing Reaganomics and Obamanomics, mostly based on data from the Minneapolis Federal Reserve on employment and economic output. I even did a TV interview… Read more
Reagan Schools Obama
Last year, I did a popular post on what happens if you redistribute grades in a classroom. Someone has turned this idea into a video, starring some well-known political figures…. Read more
Explaining in the New York Post Why Obama’s Soak-the-Rich Tax Policy Is Doomed to Failure
I think high tax rates on certain classes of citizens are immoral and discriminatory. If the government is going to collect revenue, all taxpayers should be treated equally, with something… Read more
