by Brian Garst | Dec 1, 2010 | Blogs, Economic Growth, Taxation
Nancy Pelosi was rightly mocked for her nonsensical assertion that subsidizing unemployment is the best way to stimulate the economy. Unfortunately, as we pointed out at the time, such claims reflect nothing more than standard Keynesian economics as understood by so...
by CF&P | Nov 29, 2010 | News, Press Releases
Center for Freedom and Prosperity Foundation For Immediate Release Monday, November 29, 2010 202-285-0244 www.freedomandprosperity.org New CF&P “Economics 101” Video Exposes Keynesian Consumer Spending Fallacy (Washington, D.C., Monday, November 29,...
by Dan Mitchell | Oct 31, 2010 | Blogs, Economic Growth, Free Market
A paper posted on the Social Science Research Network looks at nations that are prospering compared to those that are stagnating. Not surprisingly, limited government and free enterprise policies are associated with better economic performance. Here’s an excerpt from...
by Dan Mitchell | Sep 15, 2010 | Big Government, Blogs, Economic Growth, Government Spending, Taxation
Alberto Alesina of Harvard’s economics department summarizes some of his research in a column for today’s Wall Street Journal. He and a colleague looked at fiscal policy changes in developed nations and found very strong evidence that spending reductions boost growth....
by Dan Mitchell | Sep 9, 2010 | Big Government, Blogs, Economic Growth
Here’s a story for the better-late-than-never file. Former Cuban dictator Fidel Castro confessed that communism doesn’t work and that his nation’s economic system should not be emulated. Fidel Castro told a visiting American journalist that Cuba’s communist economic...