by Dan Mitchell | Feb 24, 2014 | Big Government, Blogs, Economics, Government Spending
There’s an ongoing debate about Keynesian economics, stimulus spending, and various versions of fiscal austerity, and regular readers know I do everything possible to explain that you can promote added prosperity by reducing the burden of government spending. Simply...
by Dan Mitchell | May 14, 2013 | Big Government, Blogs, Economics, Europe, Government Spending, Keynesian
Are there any fact checkers at the New York Times? Since they’ve allowed some glaring mistakes by Paul Krugman (see here and here), I guess the answer is no. But some mistakes are worse than others. Consider a recent column by David Stuckler of Oxford and Sanjay Basu...
by Dan Mitchell | May 5, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian
Paul Krugman recently tried to declare victory for Keynesian economics over so-called austerity, but all he really accomplished was to show that tax-financed government spending is bad for prosperity. More specifically, he presented a decent case against the...
by Dan Mitchell | Apr 28, 2013 | Big Government, Blogs, Economics, Government Spending
For those who haven’t followed this issue, Kenneth Rogoff and Carmen Reinhart wrote an influential paper in 2010 arguing that government debt above 90 percent of GDP was associated with weaker economic performance. It turns out that the Rogoff and Reinhart made a...
by Dan Mitchell | Jun 7, 2012 | Blogs, Economic Growth, Taxation
I have great fondness for Estonia, in part because it was the first post-communist nation to adopt the flat tax, but also because of the country’s remarkable scenery. Most recently, though, I’ve been bragging about Estonia (along with Latvia and Lithuania, the other...
