by Dan Mitchell | Mar 7, 2023 | Big Government, Blogs, Welfare and Entitlements
Which European nation has the costliest welfare state? Greece would be a good guess, but it’s only in second place. At the top of the list, according to OECD data, is France, where government spending consumes nearly 60 percent of the nation’s economic...
by Dan Mitchell | Mar 6, 2023 | Blogs, Tax Competition, Taxation
There’s been great progress in recent years with regards to state tax policy. When I put together my first ranking back in 2018, there were 9 states with flat taxes and and 3 states with low-rate graduated tax systems. Today, there are 11 (soon to...
by Dan Mitchell | Mar 5, 2023 | Big Government, Blogs
Some people are urging a national divorce between blue states and red states, but a far more practical approach is Swiss-style federalism. I’ve been a long-time advocate of copying Switzerland. It ranks very high for economic liberty, and this...
by Dan Mitchell | Mar 4, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
My Fifteenth Theorem of Government points out there is an “unavoidable choice” between entitlement reform and tax policy. Simply stated, the folks who oppose fixing entitlements – including so-called national conservatives and politicians such...
by Dan Mitchell | Mar 3, 2023 | Blogs
Back in 2019, I divided China’s recent economic history into three periods. Mao’s utter and total failureDeng’s partial liberalizationXi’s backsliding to statism The net result of these three periods is that China did enjoy some growth thanks...
