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Nation’s Leader Rejects Keynesian Economics, Acknowledges that Real Jobs Are Created by the Private Sector

Nation’s Leader Rejects Keynesian Economics, Acknowledges that Real Jobs Are Created by the Private Sector

by Dan Mitchell | Oct 3, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian

You’re probably surprised by the title of this post. You may even be wondering if President Obama had an epiphany on the road to Greece? I don’t mean to burst your bubble, but the leader we’re talking about isn’t the President of the United States. Instead, we’re...

Slovenia: A Case Study of Missed Opportunities and Economic Decline

by Dan Mitchell | Sep 27, 2014 | Big Government, Blogs, Europe, Government Spending

I’m a big believer that real-world examples can teach us about the benefits of good fiscal policy (think Hong Kong, Estonia, Canada, and the U.S. under Reagan and Clinton) and the costs of bad fiscal policy (France, Cyprus, Greece, and the U.S. under Bush and Obama)....

A Two-Question Challenge for Supporters of Intervention and Big Government

by Dan Mitchell | Sep 24, 2014 | Big Government, Blogs, Government Spending

I want to challenge supporters of intervention and big government. Here are two simple questions. I’ll be happy if I can get a semi-reasonable answer to either of them. 1. Can you name a nation that became rich with statist policies? Before you say Sweden, or...

Corporate Welfare: Can Republicans Kick the Habit?

by Dan Mitchell | Sep 10, 2014 | Bailouts, Big Government, Blogs

I periodically try to explain that there’s a big difference between being pro-market and pro-business. Simply stated, policy makers shouldn’t try to penalize businesses with taxes,mandates, and regulations. But neither should politicians seek to subsidize...

America’s Ever-Expanding Regulatory Swamp

by Dan Mitchell | Sep 4, 2014 | Big Government, Blogs, Economics, Regulations

Maybe I’m biased because I mostly work on fiscal policy, but it certainly seems feasible to come up with rough estimates for the damage caused by onerous taxes and excessive spending. On a personal level, for instance, we have a decent idea of how much the government...
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