by Dan Mitchell | Jun 16, 2013 | Big Government, Blogs, Bureaucracy, Economics, Government Spending
I’ve repeatedly explained that Keynesian economics doesn’t work because any money the government spends must first be diverted from the productive sector of the economy, which means either higher taxes or more red ink. So unless one actually thinks that politicians...
by Dan Mitchell | Jun 11, 2013 | Big Government, Blogs, Economics
I periodically post TV interviews and the second-most-watched segment – edged out only by my debate with Robert Reich on Keynesian economics – was when I discussed how President Obama’s statist policies are bad for young people. So there’s obviously some concern about...
by Dan Mitchell | Jun 10, 2013 | Blogs, Economics
I’m in Vienna, Austria, for the annual European Resource Bank meeting. I had the pleasure last night of listening to Jose Pinera speak about economic reform in Chile, particularly the system of personal retirement accounts. He shared a chart that conclusively shows...
by Dan Mitchell | Jun 8, 2013 | Blogs, Economics, Free Market, Health Care
I’ve complained ad nauseam about how government has screwed up the health sector, both because of spending programs such as Medicare and Medicaid and because of tax and regulatory distortions that have mutated the supposedly private insurance market into some bizarre...
by Dan Mitchell | Jun 7, 2013 | Blogs, Economics
I had the gall to share a video yesterday of me lecturing for an hour about the economics of public policy (followed by another hour of Q&A). Though I also included this link to a six-minute video on the same topic for folks who just wanted to skim the surface....