by Dan Mitchell | Jul 17, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian
I’ve run across very few good cartoons about Keynesian economics. If my aging memory is correct, I’ve only posted two of them. But at least they’re both very good. We have one involving Obama, sharks, and a lifeboat, and another one involving an overburdened jockey....
by Dan Mitchell | Jul 15, 2012 | Big Government, Blogs, Economic Growth, Government Spending
I’m in Vilnius, Lithuania, where I just finished speaking to a regional conference of the European Students for Liberty. I subjected the kids to more than 90 minutes of pontificating and 73 PowerPoint slides, but I could have saved them a lot of time if I simply...
by Dan Mitchell | Jul 12, 2012 | Big Government, Blogs, Economics, Free Market, Welfare and Entitlements
Last month, I exposed some major errors that Paul Krugman committed when he criticized Estonia for restraining the burden of government spending. My analysis will be helpful since I am now in Estonia for a speech about economic reform, and I wrote a column that was...
by Dan Mitchell | Jul 10, 2012 | Blogs, Economics, Health Care
I’ve often complained that government-created third-party payer is the main problem with America’s healthcare system, and I was making that point well before Obamacare was imposed upon the country. Simply stated, people won’t be smart consumers and providers won’t...
by Dan Mitchell | Jul 6, 2012 | Blogs, Economics, Keynesian
Remember back in 2009, when President Obama and his team told us that we needed to squander $800 billion on a so-called stimulus package. The crowd in Washington was quite confident that Keynesian spending was going to save the day, even though similar efforts had...
