I certainly am not a political expert, but several people have emailed to ask what I think about the GOP nomination fight for Biden’s seat in Delaware. So here’s some amateur punditry indicating why I am reasonably happy about the “sure thing” GOP candidate losing last night to a “Tea Party” insurgent. 1. Republicans often [...]
Archive for September 15th, 2010
Reading the GOP Primary Tea Leaves
Posted in Election, Republicans, tagged Christine O'Donnell, Elections, Mike Castle, Republicans on September 15, 2010 | 2 Comments »
The Laughable German Version of a Conservative
Posted in Big Government, Financial Crisis, Fiscal Policy, Germany, Higher Taxes, Regulation, Tax Increase, Taxation, tagged Big Government, Financial Crisis, Germany, Higher Taxes, Merkel, Tax Increase, Taxation, Transactions Tax on September 15, 2010 | 5 Comments »
By choosing not to use the economic downturn as an excuse for more wasteful spending, Germany may have avoided Obama’s big mistake, but that does not mean German conservatives and Angela Merkel are supporters of economic liberty and individual freedom. Not even close. A good (or should I say “bad”) example of Merkel’s statist mindset [...]
Overwhelming Evidence for Less Government Spending
Posted in Big Government, Fiscal Policy, Government Spending, Keynes, Keynesian, Rahn Curve, Spending, stimulus, Taxation, tagged Alberto Alesina, Economic growth, Fiscal Policy, Government Spending, Harvard, Keynesian Economics, stimulus on September 15, 2010 | 15 Comments »
Alberto Alesina of Harvard’s economics department summarizes some of his research in a column for today’s Wall Street Journal. He and a colleague looked at fiscal policy changes in developed nations and found very strong evidence that spending reductions boost growth. This, of course, contrasts with the lack of evidence for the Keynesian notion that [...]
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