What does World War I have to do with Obamanomics?
read more...The Rahn Curve shows the non-linear relationship between the size of government and economic performance.
read more...Krugman’s wrong again, this time about the Gipper.
read more...Have you ever wondered why, in a hypothetical match-up, the American people would elect Ronald Reagan over Barack Obama in a landslide? And have you ever wondered why Americans rate Reagan as the best post-WWII President and put Obama in last place? There are probably a couple of reasons for these polling numbers, but I suspect one reason […]
read more...I got involved in a bit of a controversy last year about presidential profligacy. Some guy named Rex Nutting put together some data on government spending and claimed that Barack Obama was the most frugal President in recent history. I pointed out that Mr. Nutting’s data left something to be desired because he didn’t adjust […]
read more...Triggered by an appearance on Canadian TV, I asked yesterday why we should believe anti-sequester Keynesians. They want us to think that a very modest reduction in the growth of government spending will hurt the economy, yet Canada enjoyed rapid growth in the mid-1990s during a period of substantial budget restraint. I make a similar […]
read more...The great Ronald Reagan famously said (and I am paraphrasing, since I do not remember the exact phrase) that the most dangerous words in the English language were “I am from Washington and I am here to help you.” Those are very wise words, especially when we think of the damage politicians have done because of […]
read more...I’ve done a few comparisons of economic performance under Reagan and Obama, sometimes using the interactive data from the Minneapolis Federal Reserve Bank. And I’ve done a few TV interviews on the same subject. But something was very different in this interview on the Fox morning show. I was asked to respond to the Obama […]
read more...A financial columnist named Rex Nutting recently triggered a firestorm of controversy by claiming that Barack Obama is not a big spender. Here’s the chart he prepared, which certainly seems to indicate that Obama is a fiscal conservative. Not only that, it shows that Republicans generally are the big spenders, while Democrats are frugal with […]
read more...Last year, I did a popular post on what happens if you redistribute grades in a classroom. Someone has turned this idea into a video, starring some well-known political figures. And if you want to see a real-world example of how students react to this idea, here’s another good video. By the way, I can’t […]
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