by Dan Mitchell | Oct 9, 2016 | Big Government, Blogs, Economics
One of the great flaws of Keynesian economics is that proponents assume policymakers are angels motivated solely by a desire to help people by boosting the economy when there’s a downturn. Needless to say, that’s an absurd assumption. To cite just one real-world...
by Dan Mitchell | Apr 28, 2016 | Big Government, Blogs, Economics, Government Spending, Tax Competition, Taxation
There’s a very powerful statement, variously attributed to Alexis de Toqueville, Benjamin Franklin, or Alexander Tytler, that basically warns that democracy is doomed when people figure out they can vote themselves money. There’s no evidence that any of them actually...
