by Dan Mitchell | Jun 19, 2013 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation
In my never-ending crusade to push for the right kind of austerity, I appeared on RT to pontificate on the merits of limited government. We got to cover a lot of material, so here’s some augmenting material. 1. The right kind of “austerity” is less government...
by Dan Mitchell | Jun 18, 2013 | Blogs, Economics, Government Spending, Taxation
At the European Resource Bank conference earlier this month, Pierre Bessard from Switzerland’s Institut Liberal spoke on a panel investigating “The Link between the Weight of the State and Economic prosperity.” His presentation included two slides that definitely are...
by Dan Mitchell | Jun 17, 2013 | Big Government, Blogs, Economics, Government Spending, Taxation
I’m not reluctant to criticize my friends at the Heritage Foundation. In some cases, it is good-natured ribbing because of the Cato-Heritage softball rivalry, but there are also real policy disagreements. For instance, even though it is much better than current...
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...
