by Brian Garst | Dec 1, 2010 | Blogs, Economic Growth, Taxation
Nancy Pelosi was rightly mocked for her nonsensical assertion that subsidizing unemployment is the best way to stimulate the economy. Unfortunately, as we pointed out at the time, such claims reflect nothing more than standard Keynesian economics as understood by so...
by Dan Mitchell | Nov 29, 2010 | Blogs, Economics
I’m understandably fond of my video exposing the flaws of Keynesian stimulus theory, but I think my former intern has a great contribution to the debate with this new 5-minute mini-documentary. You may recognize Hiwa. She narrated a very popular video earlier this...
by CF&P | Nov 29, 2010 | News, Press Releases
Center for Freedom and Prosperity Foundation For Immediate Release Monday, November 29, 2010 202-285-0244 www.freedomandprosperity.org New CF&P “Economics 101” Video Exposes Keynesian Consumer Spending Fallacy (Washington, D.C., Monday, November 29,...
by Dan Mitchell | Nov 13, 2010 | Big Government, Blogs, Economics, Government Spending, Government Waste
When politicians and bureaucrats spend our money, they rarely demonstrate any concern about waste and fraud. Why be conscientious, after all, if you’re spending other people’s money – especially if your real goal is to buy votes and get campaign contributions by...
by Dan Mitchell | Oct 8, 2010 | Big Government, Blogs, Economics
The new unemployment data has been released and it’s not a pretty picture. Literally and figuratively. This image is all we need to know about the success of President Obama’s big-government policies. The lower line is from a White House report in early 2009 and it...