by Dan Mitchell | Feb 6, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian
People often ask why I put so much political humor on this site. The easy answer is that I like a good joke. But I also find that some cartoons and jokes do a very good job of helping people understand economics. I’ve always liked this cartoon, for instance, because...
by Dan Mitchell | Jan 23, 2012 | Blogs, Economics, Keynesian
The Washington Post is a left-wing newspaper, so I’m never surprised to find examples of biased reporting. Last month, for instance, I made fun of the Post for asserting that Germany was “fiscally conservative.” I also mocked the Post last March, when a reporter...
by Dan Mitchell | Dec 9, 2011 | Blogs, Economics, Keynesian
Much of the “stimulus” debate has revolved around macroeconomic issues. Obama squandered about $800 billion, supposedly to “jolt” the economy, but growth has been anemic and the employment situation has been miserable. But it’s equally instructive to look at the...
by Dan Mitchell | Nov 29, 2011 | Blogs, Taxation
When I think about taxes, my first instinct is to rip up the corrupt internal revenue code and implement a simple and fair flat tax. When I think about Social Security, my first instinct is to copy dozens of other nations and implement personal retirement accounts....
by Dan Mitchell | Nov 28, 2011 | Blogs, Economics, Keynesian
By fighting for freedom in Washington, I’ve condemned myself to a life of frustration and aggravation. One of my many pet peeves is that so many people in DC believe that economic growth depends on consumer spending. Back in the early days of this blog, I wrote the...
