by Dan Mitchell | Oct 7, 2020 | Big Government, Blogs, Government Spending, Taxation
According to the Fraser Institute’s calculations of overall economic freedom, Delaware apparently has the worst politicians and New Hampshire has the best ones. According to comprehensive estimates of economic liberty in Freedom in the 50 States, New York’s...
by Dan Mitchell | Oct 3, 2020 | Big Government, Blogs, Government Spending
I identified four heroes from the “Battle of Ideas” video I shared in late August – Friedrich Hayek, Milton Friedman, Ronald Reagan, and Margaret Thatcher. Here’s one of those heroes, Milton Friedman, explaining what’s needed to control big government. For all intents...
by Dan Mitchell | Sep 30, 2020 | Big Government, Blogs, Government Spending, Health Care
Last night’s train-wreck debate reinforced my disdain for politicians. But let’s ignore the immature theatrics from Trump and Biden and focus on one of their policy disagreements. The two candidates squabbled over whether creating a government-administered health plan...
by Dan Mitchell | Sep 27, 2020 | Big Government, Blogs, Economics, Government Spending, Keynesian
I’ve previously written that Keynesian economics is like Freddy Kreuger. No matter how many times it is killed off by real-world evidence, it comes back to life whenever a politician wants to justify a vote-buying orgy of new spending. And there will always be...
by Dan Mitchell | Sep 22, 2020 | Big Government, Blogs, Government Spending
The Congressional Budget Office released it’s 2020 Long-Term Budget Outlook yesterday. Almost everybody has focused on CBO’s projections for record levels of red ink. And it is worrisome that debt is heading to Greek/Japanese levels (especially if the folks who buy...
