by Dan Mitchell | Apr 28, 2022 | Big Government, Blogs, Government Spending
Since I’m a big fan of spending caps, I’m very happy to be in Zurich as part of the Free Market Road Show. Switzerland’s spending cap (called “the debt brake“) is probably the best system in the world. It does have an escape clause for emergencies,...
by Dan Mitchell | Apr 17, 2022 | Big Government, Blogs, Government Spending
Whether they are based on 10 questions or 144 questions, I can’t resist taking quizzes that supposedly identify one’s political or economic philosophy. The good news, according to various quizzes, is that I’m 92 percent minarchist and...
by Dan Mitchell | Apr 11, 2022 | Big Government, Blogs
Keynesian economics is based on the misguided notion that consumption drives the economy. In reality, high levels of consumption should be viewed an indicator of a strong economy. The real drivers of economic strength are private investment and private...
by Dan Mitchell | Mar 29, 2022 | Big Government, Blogs, Government Spending, Government Waste
Since the economy suffers when tax rates go up and the burden of government spending increases, there obviously are plenty of awful features in President Biden’s newly released budget. If I had to select a worst feature, though, I’d be tempted to...
by Dan Mitchell | Mar 24, 2022 | Big Government, Blogs, Bureaucracy, Government Spending, Government Waste, States
My main objection to government employees is that they work for bureaucracies that should not exist (especially the ones in Washington). That being said, I also don’t like how bureaucrats are overpaid compared to workers in the productive sector of the...
