Tagged with "Keynes's economic theory"

America's diminishing economic liberty

The United States comes in at an unspectacular number 17 in this year's global economic freedom index. America dropped to its lowest ever position under Obama. The big question now is whether it will go up or even further down under the entirely unpredictable Trump administration
by Daniel J. Mitchell - 16 February 2017
What Finland knows that EU, US don't about economics

Keynsian economics is a failed relic of the Leftist past. Barack Obama, the EU (and most of its member states) don't get that. So hats off to Finland for pointing out the emperor has no clothes
by Daniel J. Mitchell - 4 October 2014
Secular stagnation and the big state

You might not have heard of "secular stagnation", but if you live in America, Britain or continental Europe you'd better get used to hearing about it unless we effect radical reform to the big state
by Daniel J. Mitchell - 19 August 2014
HS2 takes big government stupidity to a new level

The nexus between big government and big business rarely stinks more pungently than when it comes to major public infrastructure projects. HS2 is stupid and it's corrupt
by the commentator - 29 April 2014
If big government is bad, how has the West prospered?

Libertarianism and free market economics will not survive without an answer to the conundrum of rising prosperity against a backdrop of increasing big government. Dan Mitchell from Cato has that answer
by Daniel J. Mitchell - 12 April 2014
Miliband: A million pound baby

Asset millionaire Miliband poses as a Bash Street Kid who is going to sock it to the “toffs”. But it is Miliband who is the toff and it is the strivers that he will hammer
by Andrew Gibson - 20 March 2014
In praise of Germany. Well, kind of, relatively...

The moral of the story is that Germany shows that good things happen when spending is restrained, but long-run good performance requires long-run spending discipline
by Daniel J. Mitchell - 7 March 2014
How can sentient beings support a minimum wage?

Ask supporters of a minimum wage what would happen if it was raised to $100 per hour. Once they admit it would lead to massive job losses they’ve accepted the principle, from which point its failings are obvious to all intelligent people
by Daniel J. Mitchell - 25 February 2014
Another example of the failure of Keynesian economics

Simply stated, you don’t get more growth by expanding the size and scope of government. When will that finally sink in?
by Daniel J. Mitchell - 1 February 2014
UK living standards, and evidence on the 50p tax rate

It is taking time to get back to where real incomes were prior to the crash, but prudent, intelligent policies are getting us there. Oh, and as for Labour's 50p tax rate, we can sort that one out just by looking at the evidence
by Sir John Redwood MP - 26 January 2014
Cognitive science tips for New year shopping: Really!

You might want to tell your significant other what the marketers know that you don't about New Year shopping and sales. They know cognitive science, and it's easier to understand than you think. Let an expert save you from the scams
by Ahmed Abdel-Raheem - 30 December 2013
Obamanomics and the vanishing American worker

The most depressing bit of data from the Labor Department isn’t the unemployment rate. We should be far more worried about the employment-population ratio
by Daniel J. Mitchell - 9 November 2013
Keynsian economics as the perpetual motion machine of the Left

Politicians love Keynesian theory because it tells them that their vice is a virtue. They’re not buying votes with other people’s money, they’re “stimulating” the economy!
by Daniel J. Mitchell - 31 October 2013
Keynes, Balls, austerity, and what voters deserve

When it comes to boom and bust, it’s neither the fault of Labour nor the Conservatives – we, as voters, sort of get the economy we deserve
by Adam Bannister - 12 July 2013
Living in the Age of Keynes

Since 2008 we are supposed to have seen ‘The Return of the Master’. In truth he never went away. We’ve been living in the Age of Keynes for decades
by John Phelan - 18 June 2013