by Dan Mitchell | Mar 12, 2022 | Uncategorized
As part of a panel discussion with the Texas Public Policy Foundation, I explained (with a frozen look) why spending caps (such as Switzerland’s “debt brake“) are better than balanced budget requirements. This is a topic I’ve written about many times, noting that even...
by Dan Mitchell | Mar 11, 2022 | Blogs, Economics, Trade
Way back in 2010, I explained that Paul Krugman was wrong to think that wars were good for the economy. Indeed, he was more wrong than usual. The additional spending for the military isn’t “stimulus,” so his usual Keynesian argument was misguided....
by Dan Mitchell | Mar 10, 2022 | Blogs, Education
You can find examples of libertarianism in some very unexpected places. MexicoNigeriaSomaliaGermanyArgentina What’s particularly interesting are the examples of how private governance is evolving in developing nations. These are real-world example of...
by Dan Mitchell | Mar 9, 2022 | Big Government, Blogs, Economics, Regulations
Having addressed Biden’s track record on subsidies, inflation, protectionism, household income, and fiscal policy, let’s finish our series by reviewing the president’s record on regulatory issues. The first place to start is the Federal Register, which is Uncle Sam’s...
by Dan Mitchell | Mar 8, 2022 | Big Government, Blogs, Government Spending
Our series on the failure of Bidenomics has touched on four topics. Biden’s subsidy agenda will lead to higher prices and economic inefficiency.Biden’s inflation policy is mocked even by senior Democratic economists.Biden’s so-called Buy America policy hurts taxpayers...
