by Dan Mitchell | Dec 30, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian
I’m tempted to feel a certain degree of sympathy for Paul Krugman. As a leading proponent of the notion that bigger government stimulates growth (a.k.a., Keynesian economics), he’s in the rather difficult position of rationalizing why the economy was stagnant when...
by Dan Mitchell | Dec 29, 2014 | Big Government, Blogs, Economics, Government Spending
Many people fantasize about supermodels, but not me. I’m a bit of an oddball. In my fantasy world, I want to shrink the federal government back to the size envisioned by the Founding Fathers. I can’t stop myself from wistfully dreaming about the expanded freedom and...
by Dan Mitchell | Dec 28, 2014 | Big Government, Blogs, Bureaucracy, Government Spending, Welfare and Entitlements
We have some good news to share. A government has just announced that it is going to end the unfair practice of giving government bureaucrats pension benefits that are far greater than those available for workers in the economy’s productive sector. Can you guess which...
by Dan Mitchell | Dec 18, 2014 | Big Government, Blogs, Economics, Government Spending, Taxation
Like a lot of libertarians and small-government conservatives, I’m prone to pessimism. How can you be cheerful, after all, when you look at what’s been happening in our lifetimes. New entitlement programs, adopted by politicians from all parties, are further adding to...
by Dan Mitchell | Dec 13, 2014 | Big Government, Blogs, Government Spending
So what should libertarians, Reagan conservatives, and other advocates of smaller government think of the “cromnibus” spending bill? The answer depends on your benchmark. If you dislike insider deals, pork-barrel spending, and you think the federal government should...