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...
by Dan Mitchell | Jan 3, 2011 | Bailouts, Big Government, Blogs, Economics, Government Spending, Regulations, Taxation, VAT
The mid-term elections were a rejection of President Obama’s big-government agenda, but those results don’t necessarily mean better policy. We should not forget, after all, that Democrats rammed through Obamacare even after losing the special election to replace Ted...
by Dan Mitchell | Dec 25, 2010 | Blogs, Uncategorized
The Chairman of the Federal Reserve is such a swell guy, but you already would know that if you saw his Facebook page. Well, thanks to his “QE2 plan,” he’s giving the rest of us a very thoughtful Christmas present. To be fair, I suppose it should be noted that...
by Dan Mitchell | Dec 6, 2010 | Blogs, Economics
Fed Chairman Ben Bernanke is at it again, giving an interview that combines all of the worst features of Keynesian economics. I have an excerpt below from a New York Times report, which features an amazing amount of mistakes in a very short amount of space. Here are...
by Dan Mitchell | Dec 4, 2010 | Blogs, Economics, Free Market
Thanks to the folks at the Mises Institute, Professor George Selgin of the University of Georgia (!) has a superb presentation on the failings of the Federal Reserve. George was one of my professors at George Mason University back in the 1980s and is one of the...