Supply-Side Notes 8-24-2020

Keynesians always think we're one gov't spending program away from prosperity. Their monetarist twins think we're one "money supply" surge away. Both mistake causation. No such thing as "dollar shortages" either. Money always find production. Always. #Fed https://t.co/wBrmwPqz3m

— John Tamny (@johntamny) August 23, 2020

---

Capitalism is the best anti-poverty program ever created https://t.co/c2lJTh7wAk

— Dan Mitchell (@danieljmitchell) August 24, 2020

Supply-Side Notes 8-18-2020

Dan Mitchell: A Primer on the Laffer Curve

This is a good opportunity to remind people, @SoCalTaxProf, that the goal is to be at the growth-maximizing tax rate, not the revenue-maximizing tax rate. https://t.co/OdrYZFaKLW https://t.co/pcANlhSb42

— Dan Mitchell (@danieljmitchell) August 18, 2020

---

Jerome Powell fears that govt layoffs will slow recovery. Books have been written about all the misunderstandings that led him to utter something so absurd. That govt spending is solely a consequence of growth is but one answer to this mediocre mind. #Fed https://t.co/z3niJtHj7J

— John Tamny (@johntamny) August 18, 2020

Supply-Side Notes 8-3-2020

I'm glad that Greece is trying to lure rich foreigners with low tax rates, but why not reduce wasteful spending so native-born Greeks can also enjoy good tax policy? https://t.co/xklDgFvZFY

— Dan Mitchell (@danieljmitchell) August 3, 2020

Unspent wealth that shrank #GDP naturally horrified Keynesians, along with their monetarist twins who will soon drool about more "money supply" to fix the economy. Actually, savings & investment are what power growth if government would get out of the way. https://t.co/MyL0ZbKirI

— John Tamny (@johntamny) August 3, 2020