Lessons from the Global Laboratory of Economic Experimentation: Selected Essays

Lessons from the Global Laboratory of Economic Experimentation: Selected Essays

by Dan Mitchell


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Since I’m first and foremost a public finance economist, I’ll share

one of my favorite tactics when debating fiscal policy. I’ll oftentimes

share a table showing a list of nations that have achieved very good

results by restraining the growth of government spending. I’ll show how

the burden of government spending declined as a share of economic

output and I’ll show how budget deficits also shrank as a share of GDP.

I’ll then ask my colleague from the other side to please share a list of

nations that got good results by raising taxes. Unsurprisingly, the usual

response is either untrue claims or hemming and hawing.

When seeking to educate and convince a non-ideological audience

that they should favor economic freedom, I’ve learned that there’s

no substitute for this kind of real-world evidence. Most people think of

themselves as being practical. My daily columns are designed to reach

these people. If I can reach their minds, maybe their hearts will follow.

-- From the Introduction

Product Details

ISBN-13: 9781925501674
Publisher: Connor Court Publishing Pty Ltd
Publication date: 10/01/2017
Series: LibertyFest Monographs , #1
Pages: 84
Product dimensions: 6.00(w) x 1.25(h) x 9.00(d)

About the Author

A public policy economist in Washington Dan Mitchell was a Senior Fellow at the Cato Institute, a Senior Fellow at the Heritage Foundation, an economist for Senator
Bob Packwood and the Senate Finance Committee,
and a Director of Tax and Budget Policy at Citizens for a Sound Economy. He is currently the Chairman for the Center for Freedom and Prosperity.
He Blogs @ https://danieljmitchell.wordpress.com

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