by Dan Mitchell | Apr 5, 2018 | Blogs, Economics, Keynesian
When I give speeches on Keynesian economics, I usually begin with a theoretical discussion on why consumer spending is a consequence of growth rather than the cause of growth. I then focus on two reasons to be skeptical about borrow-and-spend schemes to artificially...
by Dan Mitchell | Aug 16, 2017 | Big Government, Blogs, Economics, Government Spending, Keynesian, Supply Side, Taxation
To be blunt, Republicans are heading in the wrong direction on fiscal policy. They have full control of the executive and legislative branches, but instead of using their power to promote Reaganomics, it looks like we’re getting a reincarnation of the big-government...
by Dan Mitchell | Sep 13, 2016 | Blogs, Financial Privacy, Monetary Policy
The War against Cash continues. In Part I, we looked at the argument that cash should be banned or restricted so governments could more easily collect additional tax revenue. In Part II, we reviewed the argument that cash should be curtailed so that governments could...
by Dan Mitchell | Aug 12, 2015 | Big Government, Blogs, Government Spending
I never watched That ’70s Show, but according to Wikipedia, the comedy program “addressed social issues of the 1970s.” Assuming that’s true, they need a sequel that addresses economic issues of the 1970s. And the star of the program could be the Congressional Budget...
by Dan Mitchell | Apr 18, 2015 | Big Government, Blogs, Economics, Government Spending
I don’t know whether to be impressed or horrified by Paul Krugman. I’m impressed that he’s always “on message.” No matter what’s happening in America or around the world, he always has some sort of story about why events show the need for bigger government. But I’m...
