by Dan Mitchell | Jan 16, 2026 | Blogs, Welfare and Entitlements
While I periodically disagree with some of the magazine’s analysis (see here, here, and here), I enjoy perusing the Economist because it covers issues I care about. A recent headline in the U.K.-based publication caught my attention. The...
by Dan Mitchell | Dec 16, 2025 | Blogs, Economics, Welfare and Entitlements
In Part I of this series, I explained that modern welfare states are in deep trouble because of falling birth rates. The core of the problem is that entitlement programs generally tax young people to subsidize old people. And fewer babies today means fewer workers...
by Dan Mitchell | Dec 14, 2025 | Big Government, Blogs, Welfare and Entitlements
I have a five-part series (here, here, here, here, and here) explaining that demographic decline will lead to fiscal crisis. The main takeaway is that entitlement programs are a ticking time bomb, and I castigate politicians who want...
by Dan Mitchell | Sep 16, 2025 | Big Government, Blogs, Government Spending
When contemplating which nation will be the next to suffer a fiscal crisis, Italy has traditionally been on everyone’s watch list. Including mine. But now there’s a lot of attention on France, and with good reason. And I think many people...
by Dan Mitchell | Jun 3, 2025 | Big Government, Blogs, Welfare and Entitlements
I routinely explain that entitlement programs are a ticking time bomb, and I castigate politicians who want to kick the can down the road (or make a bad situation even worse). This is a global problem, not merely an American problem. In...
