by Dan Mitchell | Dec 6, 2010 | Blogs, Economics
Fed Chairman Ben Bernanke is at it again, giving an interview that combines all of the worst features of Keynesian economics. I have an excerpt below from a New York Times report, which features an amazing amount of mistakes in a very short amount of space. Here are...
by Dan Mitchell | Dec 3, 2010 | Big Government, Blogs, Economics, Government Spending
The Bureau of Labor Statistics announced this morning that the unemployment rate jumped to 9.8 percent last month. As you can see from the chart, the White House claimed that if we enacted the so-called stimulus, the unemployment rate today would be about 7 percent....
by Dan Mitchell | Nov 29, 2010 | Blogs, Economics
I’m understandably fond of my video exposing the flaws of Keynesian stimulus theory, but I think my former intern has a great contribution to the debate with this new 5-minute mini-documentary. You may recognize Hiwa. She narrated a very popular video earlier this...
by CF&P | Nov 29, 2010 | News, Press Releases
Center for Freedom and Prosperity Foundation For Immediate Release Monday, November 29, 2010 202-285-0244 www.freedomandprosperity.org New CF&P “Economics 101” Video Exposes Keynesian Consumer Spending Fallacy (Washington, D.C., Monday, November 29,...
by Dan Mitchell | Nov 22, 2010 | Blogs, Taxation
A “bipartisan” task force recently unveiled a budget plan that includes lots of tax increases, but also has a one-year payroll tax holiday supposedly designed to boost the economy. In a debate with a former Bush Administration appointee on CNBC, I explain why this is...