by Brian Garst | Nov 2, 2011 | Big Government, Blogs, Bureaucracy, Economics, Government Spending, Government Waste, Keynesian, Regulations
Gregory H. Friedman, Inspector General for the Department of Energy, testified before the House Oversight and Government Reform Committee this morning (Hat-tip: Adam Peshek at the Reason Foundation). Not only was the stimulus based upon bad Keynesian economics, but...
by Brian Garst | Oct 23, 2011 | Big Government, Blogs, Government Spending
President Obama and Vice President Biden are currently playing the role of traveling snake-oil salesmen, peddling their latest wares in the form of yet another so-called stimulus bill. At the heart of their pitch are claims that would have you believe that up is down,...
by Brian Garst | Sep 14, 2011 | Blogs, Economic Growth, States, Tax Competition
Accusing a political opponent of being anti-science has become a standard tactic of both parties in recent years. These accusations are usually dishonest, as what the accuser typically means is that the accused is not properly weighing the costs and benefits of...
by Brian Garst | Sep 2, 2011 | Blogs, Economics, Keynesian
Disaster Keynesianism is the moniker I’ve given to the belief that destruction from natural disaster promotes prosperity. It is the logical extension of standard Keynesianism, which holds that any government spending is a boost to growth, and the various voodoo...
by Brian Garst | Aug 22, 2011 | Blogs, Financial Privacy, Taxation
I recently co-authored with Dan Mitchell an article in the Swiss magazine Schweizer Monat explaining the many problems with the Foreign Account Tax Compliance Act (FATCA), and the schizophrenic nature of US tax policy in general. The key points: The rationale behind...
