by Dan Mitchell | Nov 26, 2023 | Big Government, Blogs
Argentina has a very interesting, but also rather tragic, economic history. During first half of the 20th century, it was one of the world’s richest nations. But thanks to dirigiste economic policies (known locally as Peronism) starting after World War...
by Dan Mitchell | Nov 25, 2023 | Blogs, Economics
Bidenomics is unpopular for the simple reason that prices have been rising faster than incomes have been rising. And when people are sinking – or even if they are treading water – that is a recipe for dissatisfaction. Yet people like Paul...
by Dan Mitchell | Nov 24, 2023 | Big Government, Blogs, Europe
Last month, I shared data on per-capita welfare spending in American states. The big takeaway was that states such as New York and California were spending more tan twice as much as states such as Texas and Florida. And I concluded...
by Dan Mitchell | Nov 23, 2023 | Blogs, Free Market
Way back in 2009, I shared some data from Americans for Tax Reform about how taxes account for more than 40 percent of the cost of Thanksgiving. That’s bad news, but we’re lucky compared to the Pilgrims, who had a disastrous experiment with...
by Dan Mitchell | Nov 22, 2023 | Big Government, Blogs, Government Spending
Back in 2014, I applauded German lawmakers for being fiscally responsible between 2003 and 2007. During that era, the burden of government spending barely increased. Today, I’m going to add more applause. I took another look at the IMF...