by Dan Mitchell | Dec 7, 2023 | Big Government, Blogs, Europe, Government Spending
Back in April, I warned that European governments were spending too much, sewing the seeds of another fiscal crisis (aided and abetted by the European Commission). Let’s expand on that issue today, focusing specifically on the eurozone (the European nations that use...
by Dan Mitchell | Dec 5, 2023 | Big Government, Blogs, Government Spending
The United States is in fiscal trouble because of over-spending by Washington. And the problem will get worse in the future because of poorly designed entitlement programs. But it also will get worse because Washington is filled with politicians...
by Dan Mitchell | Dec 4, 2023 | Blogs, Taxation
What’s the best way of helping poor countries achieve faster growth so they can converge with rich nations? Sensible people respond with a range of good answers. Removing trade barriers.Lowering corruption.Improved rule of...
by Dan Mitchell | Dec 3, 2023 | Big Government, Blogs, Health Care
Because of misguided government policies, health care in America is expensive and inefficient. But it’s always possible to have a system that is even worse. I have often cited the United Kingdom, which has genuine socialism (government...
by Dan Mitchell | Dec 2, 2023 | Blogs, Economics
Assuming that income and wealth are honestly earned (rather than from government favoritism), I don’t worry or object to some people being rich. Indeed, I celebrate their success. Some friends on the left, however, mistakenly think the economy is a...