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Individualism Is Good for Growth, not Collectivism

by Dan Mitchell | Jun 12, 2011 | Blogs, Economic Growth, Economics

There are lots of things that are important for a good life and a prosperous, well-functioning society, including family and community. But something else that belongs on the list, at least if you want more growth, is individualism. Here’s an excerpt from a new study...

Boost Economic Growth by Slashing the Size of Government

by Dan Mitchell | Jun 12, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian

It doesn’t get much attention, but one of the most interesting economic experiments in American history occurred right after World War II. Despite warnings of Armageddon from Keynesian economists, government spending was slashed as the United States demobilized from...

Block-Granting Medicaid Is a Long-Overdue Way of Restoring Federalism and Promoting Good Fiscal Policy

by Dan Mitchell | Jun 12, 2011 | Big Government, Blogs, Economics, Government Spending, Health Care, Welfare and Entitlements

This new video from the Center for Freedom and Prosperity explains why Medicaid should be shifted to the states. As I note in the title of this post, it’s good federalism policy and good fiscal policy. But the video also explains that Medicaid reform is good health...

If We Want to Fix the Healthcare Mess, We Better Understand the Real Problem

by Dan Mitchell | Jun 7, 2011 | Big Government, Economics, Health Care, Welfare and Entitlements

This is the most depressing – but revealing – thing I have read in a long time: “the health-care sector has twice as many clerical workers as nurses and nine times as many as doctors.” That passage is from a very good column by Robert Samuelson, in which he covers a...

How Redistribution Creates a Poverty Trap

by Dan Mitchell | Jun 5, 2011 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

I’ve beaten up on Newt Gingrich for his views on global warming and his attack on the Ryan budget plan, but I’m completely on his side in the faux controversy about whether it is racist to call Barack Obama the “food stamp president.” This story from ABC News should...
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