by Dan Mitchell | Mar 19, 2023 | Blogs, Health Care
I often bemoan the fact that government intervention has created an expensive and inefficient health system in the United States. But that does not mean I want a total government takeover of the health sector like in the United Kingdom....
by Dan Mitchell | Feb 19, 2022 | Big Government, Blogs, Government Spending
Is “austerity” a good thing? Depends on how it is defined. Johan Norberg points out that spending restraint is the right approach. Since I’m a fan of spending restraint, I obviously like the video. But let’s expand on two points. First, the definition of...
by Dan Mitchell | Jan 25, 2021 | Big Government, Blogs
If asked to describe French economic policy, rational people will use phrases such as “big government” and “high taxes.” Or perhaps “dirigisme” and “bureaucracy.” And they would be correct. Here’s a chart from the OECD, showing spending burdens for major European...
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 | Jul 17, 2017 | Big Government, Blogs, Government Spending
I wrote yesterday about a very depressing development in the United Kingdom. Politicians in that country – including some supposed fiscal conservatives – are contemplating a big expansion in the burden of government spending in order to give pay hikes to the...
