by Dan Mitchell | Jan 18, 2015 | Big Government, Blogs, Welfare and Entitlements
If the Moocher Hall of Fame ever moves from the virtual world to brick-and-mortar reality, it’s going to need a lot of space. That’s because, to use a politically correct term, many of the featured freeloaders are plus-sized. Stanley looks like a rather robust eater,...
by Dan Mitchell | Dec 30, 2014 | Big Government, Blogs, Economics, Government Spending, Keynesian
I’m tempted to feel a certain degree of sympathy for Paul Krugman. As a leading proponent of the notion that bigger government stimulates growth (a.k.a., Keynesian economics), he’s in the rather difficult position of rationalizing why the economy was stagnant when...
by Dan Mitchell | Nov 17, 2014 | Big Government, Blogs, Welfare and Entitlements
I wrote the other day about the importance of “social capital,” which is a catch-all phrase for a society’s attitudes about things such as the work ethic, a sense of self-reliance, and the spirit of independence. Today we’re going to look at the flip side of social...
by Dan Mitchell | Nov 9, 2014 | Big Government, Blogs, Society
When discussing how to boost growth, economists often discuss the importance of human capital and physical capital. Those are key factors driving economic performance. After all, improvements in human capital mean a more productive workforce. And improvements in...
by Dan Mitchell | Oct 22, 2014 | Big Government, Blogs, Education
It’s time for an updated version of the U.S. vs U.K. government stupidity contest. This ongoing series has featured amazing feats of inane government, including the world’s most pointless road markings, photo-ID requirements for drain cleaner purchases, and a...
