by Dan Mitchell | Dec 6, 2025 | Blogs, Europe, Welfare and Entitlements
If you want to know why I’m pessimistic about Europe (particularly compared to the U.S.), this chart is a good example. It shows that many European nations have enormous long-run liabilities for their Social Security systems. It’s an...
by Dan Mitchell | Dec 5, 2025 | Big Government, Blogs
I get a good amount of feedback on my Theorems of Government, including many suggestions that I turn them into a book (a semi-appealing idea, but I’m a bit discouraged that my last book didn’t have the impact I hoped). Other people ask me to identify my...
by Dan Mitchell | Dec 4, 2025 | Big Government, Blogs, Government Spending, States
Many people assume that a balanced-budget requirement is the best fiscal policy. But that’s not the case. There’s overwhelming evidence (even from surprising sources) that spending caps are the ideal fiscal rule. This is why I tell...
by Dan Mitchell | Dec 3, 2025 | Blogs, Socialism
Venezuela has a despicable and evil government. It is dead-last in the latest edition of Economic Freedom of the World and a miserable #159 (out of 165) in the latest edition of the Human Freedom Index. But rankings don’t capture the...
by Dan Mitchell | Dec 2, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements
As noted in my First Theorem of Government, politics is a largely a scam, a way for well-connected insiders to obtain undeserved wealth. With taxpayers, consumers, and businesses bearing the cost, of course. Unfortunately (but perhaps...
