by Dan Mitchell | Jun 30, 2011 | Big Government, Blogs, Economics, Taxation
e left is desperately trying to maneuver Republicans into going along with a tax increase. And they are smart to make this their top goal. After all, it will be very difficult – if not impossible – to increase the burden of government spending without more revenue...
by Dan Mitchell | Jun 22, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian
Even though he’s become rather partisan in recent years, I still enjoy an occasional visit to Andrew Sullivan’s blog. But I was rather amused last night when I read one of his posts, in which he was discussing whether government spending helps or hurts economic...
by Dan Mitchell | Jun 15, 2011 | Bailouts, Big Government, Blogs, Government Spending
Ben Bernanke is definitely trying hard to overtake Arthur Burns and G. William Miller (those wonderful guys who helped give us the 1970s) as the worst Fed Chairman of the modern era. But unlike Burns and Miller, who “earned” their poor reputations with bad monetary...
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...
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...
