Federal Deficits | The Daily Capitalist

The End of Sound Money and the Triumph of Crony Capitalism

This paper was the 2011 Henry Hazlitt Memorial Lecture given by David Stockman on March 12 at the Austrian Scholar’s Conference at the Mises Institute. With David’s permission I am republishing it here.

“In the post-TARP world, there remain [...]

Another Look At The Spending Issue

Another look at the spending issue.

Hat tip to Sourdough Jim

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The Great Immoderation

In both 1960 and 1980, the American people were enduring their fourth recession in about 12 years. Each time they elected as President a man who pledged to get the economy moving again. Each had a program of tax cuts, Federal deficits, debt monetization, and increased military spending. In JFK’s case, his Keynesian economists followed [...]

It’s Simple To Balance The Budget Without Higher Taxes

Here’s Cato’s Dan Mitchell with his latest video on how we can balance the budget even with the Bush tax cuts if we just freeze government spending .

Enjoy.

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