by Dan Mitchell | Mar 23, 2022 | Big Government, Blogs, Government Spending, Taxation
I’ve identified seven reasons to oppose tax increases, but explain in this interview that the biggest reason is that it would be a mistake to give politicians more money to finance an ever-larger burden of government spending. I had two goals when responding this...
by Dan Mitchell | Mar 22, 2022 | Big Government, Blogs, Economics, Government Spending, Keynesian
The “bad penny” of Keynesian economics (based on the “broken window fallacy“) has returned, as I discussed in an interview last week. While I’m not a fan of Keynesianism, I tried to give a fair description of the theory. I pointed out that supporters think...
by Dan Mitchell | Mar 17, 2022 | Big Government, Blogs, Economics, Free Market, Government Spending
I’ve written about President Warren Harding’s under-appreciated economic policies. He restored economic prosperity in the 1920s by slashing tax rates and reducing the burden of government spending. I’ve also written many...
by Dan Mitchell | Mar 14, 2022 | Big Government, Blogs, Government Spending
Two days ago, I explained that spending caps are better than anti-deficit rules. In this clip from the same panel discussion, I talk about how a spending cap should be designed. The key design issue is how fast spending should increase....
by Dan Mitchell | Mar 12, 2022 | Uncategorized
As part of a panel discussion with the Texas Public Policy Foundation, I explained (with a frozen look) why spending caps (such as Switzerland’s “debt brake“) are better than balanced budget requirements. This is a topic I’ve written about many times, noting that even...
