by Dan Mitchell | Feb 23, 2018 | Big Government, Blogs, Economics, Government Spending, Taxation
At some point in the next 10 years, there will be a huge fight in the United States over fiscal policy. This battle is inevitable because politicians are violating the Golden Rule of fiscal policy by allowing government spending to grow faster than the private sector...
by Dan Mitchell | Feb 22, 2018 | Blogs, Economics, Free Market
I wrote three days ago about the worst-international-bureaucracy contest between the International Monetary Fund and the Organization for Economic Cooperation and Development. A reader emailed to ask me whether I had a favorite international bureaucracy. I confess...
by Dan Mitchell | Feb 21, 2018 | Big Government, Blogs
Since I called Trump a big-government Republican during the 2016 campaign and just condemned his capitulation to a spendaholic budget deal, it goes without saying that I’m not a huge fan of the President. Heck, I also recently criticized his protectionism, warning...
by Dan Mitchell | Feb 20, 2018 | Blogs, Europe
If you’re reading this, you are a very lucky person because you were born at the right time. If you were born 500 years ago, 1000 years ago, or 1500 years ago, the odds are overwhelming that you would have endured a very short and difficult life, one that was...
by Dan Mitchell | Feb 19, 2018 | Big Government, Blogs, Tax Competition, Taxation
The worst-international-bureaucracy contest is heating up. In recent years, the prize has belonged to the Paris-based Organization for Economic Cooperation and Development for reasons outlined in this interview. Indeed, I’ve even argued that subsidies for the OECD are...