by Dan Mitchell | Sep 16, 2025 | Big Government, Blogs, Government Spending
When contemplating which nation will be the next to suffer a fiscal crisis, Italy has traditionally been on everyone’s watch list. Including mine. But now there’s a lot of attention on France, and with good reason. And I think many people...
by Dan Mitchell | Sep 2, 2025 | Big Government, Blogs, Economics, Government Spending
I’ve been explaining for years that economists are lousy forecasters. But we are capable of noticing trends, including trends that will lead of bad outcomes if not reversed. For instance, my recent series on “France and Fiscal Suicide” points...
by Dan Mitchell | Aug 19, 2025 | Big Government, Blogs, Europe, Taxation
I’ve written before how ordinary workers are basically tax slaves in Europe. Today, let’s look at new evidence about the absurd extent of taxation in Europe. Here’s a chart shared by Michael Arouet, showing how much it costs a...
by Dan Mitchell | Aug 17, 2025 | Big Government, Blogs, Economics, Socialism
Last July, I wrote about how excessive spending was causing economic instability in Bolivia. One month later, I looked at overall public policy and explained that a bloated budget was just one of many problems. Simply stated, Bolivia suffers from...
by Dan Mitchell | Aug 4, 2025 | Big Government, Blogs, Taxation
What’s America’s worst city? According to some recent research, it’s Oakland. And a few years before, another expert picked Riverside-San Bernardino-Ontario in California. But what if we look at major cities? Possible contestants include San...