Lessons from the Global Laboratory of Economic Experimentation: Selected Essays
Mitchell, Dan
| Autor: | Mitchell, Dan |
|---|---|
| Themengebiete: | Business / Economics / Finance |
| Veröffentlichungsdatum: | 01.10.2017 |
| EAN: | 9781925501674 |
| Sprache: | Englisch |
| Seitenzahl: | 84 |
| Produktart: | Kartoniert / Broschiert |
| Verlag: | Connor Court Publishing Pty Ltd |
Produktinformationen "Lessons from the Global Laboratory of Economic Experimentation: Selected Essays"
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
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