by Dan Mitchell | Apr 8, 2023 | Big Government, Blogs, Europe, Government Spending
My “Golden Rule” of fiscal policy, first unveiled in 2011, is based on two principles. To enable more prosperity, the primary goal of fiscal policy should be to reduce the burden of government spending.To achieve good fiscal policy, cap government...
by Dan Mitchell | Apr 7, 2023 | Blogs, Financial Privacy
There are many strains of libertarianism, everything from Randians to liberaltarians, from minarchists to anarcho-capitalists. I’m guessing the one thing they all have in common is a distrust of politicians and government. Simply stated, we...
by Dan Mitchell | Apr 6, 2023 | Blogs, Free Market
Governments oftentimes are spectacularly incompetent. And when that happens, it creates an opening for the private sector to step up in rather unexpected ways. I’ve even created a semi-serious, semi-satirical series to commemorate these examples....
by Dan Mitchell | Apr 5, 2023 | Big Government, Blogs, Health Care
When I write about Sweden, it is usually to point out the nation’s schizophrenic approach to public policy – very bad on fiscal issues but very good in other areas like trade, regulation, and monetary policy. Though there are even some good...
by Dan Mitchell | Apr 4, 2023 | Big Government, Blogs, Europe
Why did many European nations, most notably Greece, suffer fiscal crises about a dozen years ago? Because the burden of government spending, which already was excessive, increased even further. And with taxes already very onerous in...