by Dan Mitchell | Jan 29, 2016 | Uncategorized
I wrote last year about the moral vacuum that exists in Europe because gun control laws in nations like France make it very difficult for Jews to protect themselves from barbaric attacks. But the principle applies more broadly. All law-abiding people should have the...
by Dan Mitchell | Jan 28, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian
If everyone has a cross to bear in life, mine is the perplexing durability of Keynesian economics. I thought the idea was dead when Keynesians incorrectly said you couldn’t have simultaneously rising inflation and unemployment like we saw in the 1970s. Then I thought...
by Dan Mitchell | Jan 27, 2016 | Big Government, Blogs, Government Spending
The Congressional Budget Office has just released its new 10-year fiscal forecast and the numbers are getting worse. Most people are focusing on the fact that the deficit is rising rather than falling and that annual government borrowing will again climb above $1...
by Dan Mitchell | Jan 25, 2016 | Bailouts, Blogs
Remember the odious, immoral, and corrupt TARP bailout? Well, it’s becoming an issue in the 2016 presidential race, with some folkscriticizing Donald Trump for siding with Bush and Obama on the issue. I suppose I could make a snide observation about the absurdity of...
by Dan Mitchell | Jan 24, 2016 | Blogs, Economics
I spend a lot of time mocking statists, and with good reasons. But since I’m an economist, maybe I should be careful about throwing stones. Especially since, based on a fairly miserable track record, my profession lives in a big glass house. So let’s take a closer...