Tuesday, September 15, 2009

The Empirical Evidence Against Big Government


The video above is Part II of a series on government spending, and this segment focuses on real-world evidence about the negative impact of government spending on economic performance, featuring Dan Mitchell of The Cato Institute. Part I is available here.


5 Comments:

At 9/15/2009 7:40 PM, Anonymous Anonymous said...

Why was not Norway chosen in the comparison? It has both higher per capita income and lower unemployment rate than any of the "cherry picked" countries...

 
At 9/16/2009 9:53 AM, Anonymous Anonymous said...

anon: why don't you enlighten us all with your evidence?

 
At 9/16/2009 1:20 PM, Anonymous Anonymous said...

Isn't Norway's higher income per capita mostly a function of lots of oil revenues spread across a fairly small population?

 
At 9/18/2009 7:30 AM, Blogger OA said...

Sure, let's add Norway in. So you get 1 outlying data point, and many more supporting the theory.

 
At 9/21/2009 8:43 AM, Anonymous Anonymous said...

I did not have time to dive into all the detail or visit all of the links and read that stuff. I wish the synopsis had said how government money was spent.
Despite what the blog entry says, I still believe that taxes are investment. When you pay tax dollars, you are investing in the government. The government in turn takes your tax dollars and invest in the country at large.

 

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