by Dan Mitchell | Jan 1, 2025 | Blogs, Education, Europe
As usual (2024, 2023, 2022, 2021, 2020, 2019, 2018, etc), let’s start the year by listing three things I’m hoping for and three things I worry may happen. Let’s start with the good things that hopefully will happen this year....
by Dan Mitchell | Oct 21, 2024 | Blogs, Europe
In April of 2023, I wrote about the fact that there is more spending and more debt in the PIGS (Portugal, Italy, Greece, and Spain) compared to levels before the last European fiscal crisis. In December of 2023, I wrote about the growing burden of...
by Dan Mitchell | Oct 13, 2024 | Blogs, Economics, Europe
I worry about public policy in the United States. It’s gotten worse in recent decades and I worry it will get worse in the future. But there are not many better alternatives. A few small countries allow more economic liberty, such as Singapore and...
by Dan Mitchell | Oct 11, 2024 | Big Government, Blogs, Europe
There are three important things to understand about Western Europe. The burden of government is larger than it is in the United States. Lower-income and middle-class taxpayers finance that extra spending. Europe’s greater fiscal burden is associated with less...
by Dan Mitchell | Oct 7, 2024 | Big Government, Blogs, Europe
About two weeks ago, I shared a new study that warned about potential fiscal crises in developed nations. The study specifically warned about “sustainable debt limits” in the United States, Italy, France, the United Kingdom, and Canada. Using a...
