by Dan Mitchell | Aug 28, 2024 | Big Government, Blogs, Government Spending
When debating my left-leaning friends about economic policy, I often hit them with my “never-answered question” by asking them to name any country, at any point in history, that became rich with big government. They usually evade the question, though some of them...
by Dan Mitchell | Aug 26, 2024 | Big Government, Blogs, Economics, Socialism
When I write about South America, it’s almost always to cite developments in Chile, Argentina, and Venezuela. That’s because those countries clearly show, respectively, the consequences of good, bad, and terrible economic policies.* Today, though,...
by Dan Mitchell | Aug 21, 2024 | Big Government, Blogs
What’s the most poorly governed city in the United States? Is it San Francisco, Detroit, New York City, Minneapolis, or Seattle? How about none of the above. At least if we care about empirical research. In 2019, I shared a...
by Dan Mitchell | Aug 19, 2024 | Big Government, Blogs, Economics, Government Spending
It’s been a while since I shared this video about the Rahn Curve (or Armey-Rahn Curve), so let’s watch this Golden Oldie from 2010. The insight of the Rahn Curve (sort of a spending version of the Laffer Curve) is that economic performance declines once government...
by Dan Mitchell | Aug 17, 2024 | Big Government, Blogs
In the words of Yogi Berra, the 2024 presidential race is “Deja vu all over again.” Except it is Kamala Harris and Donald Trump competing to make government bigger instead of Hillary Clinton and Donald Trump doing the same thing. Harris and Trump both...
