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More Academic Evidence that Bigger Government Means Less Prosperity

More Academic Evidence that Bigger Government Means Less Prosperity

by Dan Mitchell | Oct 11, 2013 | Big Government, Blogs, Government Spending

My goal in life is very simple. I want to promote freedom and prosperity by limiting the size and scope of government. That seems like a foolish and impossible mission, perhaps best suited for Don Quixote. After all, what hope is there of overcoming the politicians,...

Make-Believe Debt Limit Hysteria from the Political Establishment

by Dan Mitchell | Oct 6, 2013 | Blogs, Economics

It appears that the government shutdown, which technically is a battle over annual appropriations legislation for so-called discretionary spending, is going to drag on for a while. The Obama Administration has shown zero willingness to negotiate, even though...

It’s Amazingly Simple to Balance the Budget

by Dan Mitchell | Sep 17, 2013 | Big Government, Blogs, Economics, Government Spending

I’m testifying tomorrow to the Joint Economic Committee about “The Economic Costs of Debt-Ceiling Brinkmanship.” I won’t give away what I’m going to say (though you can probably figure out my views rather easily by reading this, this and this), but I do want to share...

The Mexican Version of Obamanomics Won’t Work any Better than the American Version

by Dan Mitchell | Sep 9, 2013 | Big Government, Blogs, Economics, Taxation

Based on the dismal data from the Minneapolis Federal Reserve (as well as our own experiences), we know Obamanomics doesn’t work in the United States. But we also know bigger government doesn’t work in France. And we know it doesn’t work in Japan. We know it doesn’t...

Personal Retirement Accounts Are Great…but only if You Can Stop Future Politicians from Confiscating the Accumulated Wealth

by Dan Mitchell | Sep 8, 2013 | Blogs, Economics

Most Western nations have huge long-run fiscal problems because of unfavorable demographics and misguided entitlement programs. That’s the bad news. The good news is that dozens of nations have fully or partially shifted to mandatory private savings as a pro-growth...
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