by Dan Mitchell | Mar 20, 2024 | Big Government, Blogs, Economics, Government Spending
My book on fiscal policy, co-authored with Les Rubin, is now officially published. I wrote a sneak-peak column about The Greatest Ponzi Scheme on Earth last week. There are three main takeaways from our book. The problem is spending The problem is...
by Dan Mitchell | Mar 12, 2024 | Big Government, Blogs, Government Spending, Taxation
I wrote yesterday to announce my new book on America’s fiscal crisis. Today, let’s look at how Joe Biden’s new budget will make that bad problem even worse. I’m going to start with two charts. The first one shows that government spending in recent years has...
by Dan Mitchell | Mar 11, 2024 | Big Government, Blogs, Economics, Government Spending
I’ve been complaining for decades about excessive and wasteful government spending. I’ve also been grousing for just as long about counterproductive, class-warfare tax policy. Thanks to profligacy in Washington, we’re stumbling...
by Dan Mitchell | Feb 26, 2024 | Blogs, Economics
I’ve referred to “creative destruction” as the “best and worst part of capitalism.” This short video from the Fraser Institute is a good tutorial on the topic. The core message is that entrepreneurs improve our lives by coming up with new ideas, new technologies, and...
by Dan Mitchell | Feb 25, 2024 | Blogs, Economics
When writing about rent control in the past, I’ve used words like “horrid” and “lunacy.” And let’s not forget “folly.” The policy is (as I wrote in 2019) the “triumph of vote counting over sound economics.” This short video provides a good summary. By the way, the...
