by Dan Mitchell | Aug 16, 2011 | Big Government, Blogs, Economics, Government Spending
I’ve poked fun at Paul Krugman for his views on health care and British fiscal policy, and I’ve semi-defended him about unemployment subsidies and housing bubbles. Now it’s time for some more mockery. Back in 2001, Paul Krugman received some much-deserved criticism...
by Dan Mitchell | Jul 30, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian
While driving home last night, I had the miserable experience of listening to a financial journalist being interviewed about the anemic growth numbers that were just released. I wasn’t unhappy because the interview was biased to the left. From what I could tell, both...
by Dan Mitchell | Jul 24, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation
That seems like a joke question, but it’s an apparently serious belief of Bruce Bartlett, a former supply-sider and Bush Administration official who has flipped sides and joined the left. I’ve known Bruce for decades and he’s a fun guy to hang out with, but he’s gone...
by Dan Mitchell | Jun 22, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian
Even though he’s become rather partisan in recent years, I still enjoy an occasional visit to Andrew Sullivan’s blog. But I was rather amused last night when I read one of his posts, in which he was discussing whether government spending helps or hurts economic...
by Dan Mitchell | Jun 14, 2011 | Blogs, Economics, Taxation
Larry Summers served as Chairman of the National Economic Council for Barack Obama, so it is rather remarkable that he is admitting that the economy is in deep trouble and that America may be on the verge of long-term, Japanese-style stagnation. Here’s part of what he...