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Germany’s Not a Good Role Model…Except When Compared to the Profligate U.S.

by Dan Mitchell | Nov 2, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian

Last week in New York City, during my Intelligence Squared debate about stimulus, I pointed out that Germany is doing better than the United States and explained that they largely avoided any Bush/Obama Keynesian spending binges. One of my opponents disagreed and...

CBO’s Witch-Doctor Economics and Gypsy Forecasting

by Dan Mitchell | Oct 29, 2011 | Big Government, Blogs, Economics, Government Spending

I’ve criticized the Congressional Budget Office for generating biased and inaccurate numbers. These are the clowns, after all, who say deficit spending stimulates the economy in the short run but they also rely on a model which seemingly predicts 100 percent tax rates...

Four Reasons Why Keynesian “Stimulus” Does Not Work

by Dan Mitchell | Oct 28, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian

Professor Allan Meltzer of Carnegie Mellon University has a must-read column in today’s Wall Street Journal, beginning with what should be an obvious statement. Those who heaped high praise on Keynesian policies have grown silent as government spending has failed to...

Did I Lose, or Are the People of New York City Unworthy?

by Dan Mitchell | Oct 27, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian

Folks of a certain age, who watched ABC’s Wide World of Sports, will remember the phrase “the agony of defeat.” Well, that’s what Richard Epstein and I endured Tuesday night at the Intelligence Squared debate in New York City. We were battling against two Keynesians,...

Debating against Obama’s So-Called Stimulus, Advocating Pro-Growth Policy

by Dan Mitchell | Oct 22, 2011 | Blogs, Economics, Keynesian

I’m going to be in New York City next week to join with Richard Epstein as we participate in an Intelligence Squared debate against Mark Zandi and Cecilia Rouse. I’m looking forward to this event because Richard Epstein is a rock star for freedom. It also gave me an...
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