Tag Archives : Mitchell’s Golden Rule
Budget Myths and Facts for the 2016 Campaign
Evaluating a “Fiscal FactChecker” from the Committee for a Responsible Federal Budget
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Puerto Rico: Another Harsh Lesson about the Consequences of Violating Fiscal Policy’s Golden Rule
The Greece of the Caribbean.
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Will Denmark Become a Shining Example of Mitchell’s Golden Rule?
Denmark may have a big welfare state and a punitive tax system, but it is very pro-market in other policy areas.
read more...Very Powerful Real-World Evidence for Spending Caps
More proof that a well designed spending cap can successfully constrain spend-happy politicians.
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Bill Clinton and the Retroactive Application of Mitchell’s Golden Rule
Republicans should use the Clinton budget against Democrats.
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The Alberta Example: Spending Caps Are the Way to Prevent Unsustainable Fiscal Binges During Growth Years
We need a spending cap as constraint on the destructive behavior of politicians.
read more...More Evidence of Fiscal Progress
It’s not time to break out the champagne, but here’s more evidence of modest fiscal successes in recent years.
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Taiwan Is the Success Story, not China
Which nation is richer, Belarus or Luxembourg? If you look at total economic output, you might be tempted to say Belarus. The GDP of Belarus, after all, is almost $72 billion while Luxembourg’s GDP is less than $60 billion. But that would be a preposterous answer since there are about 9.5 million people in Belarus compared […]
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The Golden Rule of Spending Restraint
My tireless (and probably annoying) campaign to promote my Golden Rule of spending restraint is bearing fruit. The good folks at the editorial page of the Wall Street Journal allowed me to explain the fiscal and economic benefits that accrue when nations limit the growth of government. Here are some excerpts from my column, starting with a proper definition of the problem. […]
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