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Norquist Is Right and Coburn Is Wrong: Tax Increases Will Lead to More Spending, Not Lower Deficits

by Dan Mitchell | Mar 11, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation

There’s a significant debate now taking place in Washington – largely behind closed doors, but sometimes covered by the media – on whether fiscal conservatives should maintain a rigid no-tax-increase position. One side of the debate features Grover Norquist of...

Some Wholesome Fed-Bashing on CNBC

by Dan Mitchell | Mar 10, 2011 | Blogs, Economics, Monetary Policy

A lot of guests for this appearance, but I think I got a fair share of airtime. More important, I explained why it is not a good thing for Ben Bernanke and the Federal Reserve to let the inflation genie out of the bottle. Monetary policy is one area where I always try...

Bernanke’s Soft-Core Keynesianism Is Even Worse than the Nonsensical Analysis of Hard-Core Keynesians

by Dan Mitchell | Mar 2, 2011 | Blogs, Economics, Government Spending

Earlier this week, the Washington Post predictably gave some publicity to the Keynesian analysis of Mark Zandi, even though his track record is worse than a sports analyst who every year predicts a Super Bowl for the Detroit Lions. The story also cited similar...

New Video Explains that Tax Competition Is a Powerful Mechanism to Restrain the Greed of the Political Class

by CF&P | Mar 1, 2011 | Blogs, Economics, Tax Competition, Taxation

Here’s a new mini-documentary from the Center for Freedom and Prosperity, narrated by Natasha Montague of Americans for Tax Reform, that explains why the process of tax competition is a critical constraint on the propensity of governments to over-tax and over-spend....

Spending Restraint Works: Examples from Around the World

by Dan Mitchell | Feb 22, 2011 | Big Government, Blogs, Economics, Government Spending

America faces a fiscal crisis. The burden of federal spending has doubled during the Bush-Obama years, a $2 trillion increase in just 10 years. But that’s just the tip of the proverbial iceberg. Because of demographic changes and poorly designed entitlement programs,...
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