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The Value-Added Tax: A Recipe for More Spending…and More Debt: Part II

The Value-Added Tax: A Recipe for More Spending…and More Debt: Part II

by Dan Mitchell | Nov 6, 2025 | Big Government, Blogs, Taxation, VAT

The case against the value-added tax (VAT) is not complicated. Simply stated, this hidden type of national sales tax was a key precursor for the expansion of the European welfare state. As you can see in the chart, the burden of government spending...
G20 Report on Inequality Urges More Statism, More Poverty

G20 Report on Inequality Urges More Statism, More Poverty

by Dan Mitchell | Nov 5, 2025 | Big Government, Blogs, Taxation

When I unveiled my Eighth Theorem of Government in 2020, my target was the head of the International Monetary Fund, a bureaucrat with a very generous tax-free salary who wanted other people to pay higher taxes to fund bigger welfare states. Her...
Will Milei’s Success Trigger a Global Renewal of Economic Liberty?

Will Milei’s Success Trigger a Global Renewal of Economic Liberty?

by Dan Mitchell | Nov 4, 2025 | Blogs, Economics

My intense support for Javier Milei is not because I care deeply about Argentina (though it is a very nice country and I want it to prosper). Instead, as I explain in this one-minute clip, I’m mostly hoping Milei’s economic and political success will encourage other...
Can Milei-ism Save the United Kingdom, Part II?

Can Milei-ism Save the United Kingdom, Part II?

by Dan Mitchell | Nov 2, 2025 | Big Government, Blogs, Economics, Government Spending, Taxation

About two months ago, I wrote that the United Kingdom needed to copy Javier Milei and dramatically reduce the burden of government spending. The immediate goal should be to reverse the post-pandemic spending surge of the Johnson and...
Learning the Wrong Lessons from Europe

Learning the Wrong Lessons from Europe

by Dan Mitchell | Nov 1, 2025 | Big Government, Blogs, Europe, Government Spending

Let’s look today at European fiscal policy. But instead of focusing on the immediate issue (the likelihood of another fiscal crisis), we’re going to investigate whether we can learn anything by looking at what’s happened in the past. My two cents, based...
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