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Just Say No to the Debilitating Drug of Keynesian Stimulus

by Dan Mitchell | Feb 4, 2017 | Big Government, Blogs, Economics, Government Spending, Keynesian

I’m glad that Donald Trump wants faster growth. The American people shouldn’t have to settle for the kind of anemic economic performance that the nation endured during the Obama years. But does he understand the right recipe for prosperity? That’s an open question. At...

The “Austerity” Debate: More Academic Evidence against Big Government

by Dan Mitchell | Dec 13, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian

In the world of fiscal policy, there are actually two big debates. One debate revolves around the appropriate size of government in the long run. Folks on the left argue that government spending generates a lot of value and that bigger government is a recipe for more...
Anti-Economics from The Economist

Anti-Economics from The Economist

by Dan Mitchell | Sep 27, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian

When I was younger, folks in the policy community joked that BusinessWeek was the “anti-business business weekly” because its coverage of the economy was just as stale and predictably left wing as what you would find in the pages of Time or Newsweek. Well, perhaps...

The Recipe for Job Creation: Less “Help” from Washington

by Dan Mitchell | Jun 22, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian

The American economy is in the doldrums. And has been for most this century thanks to bad policy under both Obama and Bush. So what’s needed to boost growth and create jobs? A new video from Learn Liberty, narrated by Professor Don Boudreaux (who also was the narrator...
Japan and the IMF: A Match Made in Keynesian Hell

Japan and the IMF: A Match Made in Keynesian Hell

by Dan Mitchell | Jun 21, 2016 | Big Government, Blogs, Economics, Government Spending

Japan is the poster child for Keynesian economics. Ever since a bubble popped about 25 years ago, Japanese politician have adopted one so-called stimulus scheme after another. Lots of additional government spending. Plenty of gimmicky tax cuts. All of which were...
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