by Dan Mitchell | Jan 16, 2015 | Big Government, Blogs, Economics, Government Spending
Keynesian economics is a perpetual-motion machine for statists. The way to boost growth, they argue, is to have governments borrow lots of money from the economy’s productive sector and then spend it on anything and everything. Even if the money is squandered on...
by CF&P | Dec 30, 2014 | News, Prosperity Updates
News & Views Coalition Calls for Accurate Scoring Tired of inaccurate scoring using Keynesian and other big government assumptions, a coalition of free market think-tanks is urging Republican leadership to demand better....
by Dan Mitchell | Dec 22, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian
I wrote earlier this year about the “perplexing durability” of Keynesian economics. And I didn’t mince words. Keynesian economics is a failure. It didn’t work for Hoover and Roosevelt in the 1930s. It didn’t work for Japan in the 1990s. And it didn’t work for Bush...
by Dan Mitchell | Oct 3, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian
You’re probably surprised by the title of this post. You may even be wondering if President Obama had an epiphany on the road to Greece? I don’t mean to burst your bubble, but the leader we’re talking about isn’t the President of the United States. Instead, we’re...
by Dan Mitchell | Jun 10, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation, VAT
Regular readers know that good fiscal policy takes place when government spending grows slower than the private economy. Nations that maintain this Golden Rule for extended periods of time shrink the relative burden of government spending, thus enabling more growth by...
