by Dan Mitchell | Sep 18, 2017 | Big Government, Blogs, Economics, Government Spending, Keynesian
Keynesian economics is like Freddie Krueger, constantly reappearing after logical people assumed it was dead. The fact that various stimulus schemes inevitably fail should be the death knell for the theory, which is basically the “perpetual motion machine” of...
by Dan Mitchell | Sep 15, 2017 | Big Government, Blogs, Government Spending, Health Care
In a strange way, I admire Bernie Sanders. He openly embraces big government. Back during the 2016 campaign, I frequently observed that the difference between the Vermont Senator and Hillary Clinton is that he wanted America to become Greece at a much faster rate....
by Dan Mitchell | Sep 9, 2017 | Big Government, Blogs, Economics, Government Spending
There are some core functions of government, even in a libertarian world. The most prominent examples are national defense by the central government and public safety at the state/local level. So how do we make sure those functions are handled competently? I’ve...
by Dan Mitchell | Aug 18, 2017 | Big Government, Blogs
I’ve called for the abolition of the Department of Transportation on more than one occasion, so I was very excited to see this new video about infrastructure from Johan Norberg. Very well put. As Johan says (channeling Bastiat), we should remember that jobs are...
by Dan Mitchell | Jul 9, 2017 | Big Government, Blogs, Government Spending
I spend a lot of my time fretting about how federal spending is going to become an ever-larger (and unsustainable) burden in the future. And I periodically will write about how I wish we still had the very small federal government envisioned by the Founding Fathers...
