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A Primer on Debt, Deficits, and Public Finance

by Dan Mitchell | Mar 14, 2018 | Big Government, Blogs, Economics, Government Spending

Way back in 2009, I narrated a video explaining that people worry too much about deficits and debt. Red ink isn’t desirable, to be sure, but I pointed out that the real problem is government spending. And the bottom line is that most types of government...
Is Good Globalism Being Undermined by Bad Globalism?

Is Good Globalism Being Undermined by Bad Globalism?

by Dan Mitchell | Mar 13, 2018 | Blogs, Economics

The biggest challenge, when I talk to politicians about the free-market agenda, is convincing them that they should restrain the growth of government. To be more specific, I think they often understand and accept the argument that ever-rising fiscal burdens are bad...
Seven Adverse Consequences of Big Government

Seven Adverse Consequences of Big Government

by Dan Mitchell | Mar 12, 2018 | Big Government, Blogs, Economics, Government Spending

I’ve narrated a video on why big government is theoretically bad for an economy, another video looking at the empirical evidence on government spending and economic performance, and also a video on the growth-maximizing size of the public sector. But if you want to...

New IMF Study Shows U.S. Would Benefit from Lower Tax Rates and Less Government Spending

by Dan Mitchell | Mar 10, 2018 | Blogs, Economics

I’m not a fan of international bureaucracies, but they’re not universally bad. Yes, we almost always get a bad policy agenda from the left-leaning political appointees who run these organizations. But it’s also true that the professional economists at these...
Trump’s Spending Splurge Is a Long-Run Recipe for Higher Taxes and Less Prosperity

Trump’s Spending Splurge Is a Long-Run Recipe for Higher Taxes and Less Prosperity

by Dan Mitchell | Feb 28, 2018 | Big Government, Blogs, Economics, Government Spending, Taxation

I sometimes sardonically comment about Democratic politicians playing Santa Claus, but Republicans can play that game as well. Trump and his allies in Congress recently agreed on a big-spending budget deal that lavishes more money on both the Pentagon and domestic...
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