by Dan Mitchell | Jun 9, 2010 | Blogs, Economic Growth, Taxation
I may as well confess that I have a man-crush on Governor Christie. It’s not nearly as bad as Andrew Sullivan’s fixation on Obama (and it certainly hasn’t involved me changing my views), but this video and the excerpt below are two examples of a...
by Dan Mitchell | Jun 7, 2010 | Big Government, Blogs
Bigger government hurts growth by diverting resources from productive uses to political purposes. That’s common sense to most people. But it’s nice to find even academics at Harvard are confirming this relationship. Excerpted below is the abstract of a new...
by Dan Mitchell | May 31, 2010 | Big Government, Blogs, Economic Growth, Government Spending
You don’t need to watch old Gunsmoke episodes if you want to travel into the past. Just read the latest Congressional Budget Office “research” claiming that Obama’s so-called stimulus “increased the number of full-time-equivalent jobs by 1.8 million to 4.1 million.”...
by Dan Mitchell | May 27, 2010 | Big Government, Blogs, Europe, Government Spending, Taxation
Governments that tax work and subsidize sloth are committing a form of slow-motion suicide, and the Greek fiscal crisis is the canary in the coal mine of this phenomenon. Interestingly, some European governments are trying to halt the downward slide, though I suspect...
by Dan Mitchell | May 27, 2010 | Blogs, Economic Growth, Free Market
Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was...