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A Debt Crisis for France?

A Debt Crisis for France?

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...
Oppressive European Tax Burdens

Oppressive European Tax Burdens

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...
Bolivia: Another Failure for Big Government and Socialism

Bolivia: Another Failure for Big Government and Socialism

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...
More Fiscal Insanity from Chicago

More Fiscal Insanity from Chicago

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...
OECD Pushes Welfare-State Policies on Thailand

OECD Pushes Welfare-State Policies on Thailand

by Dan Mitchell | Jul 25, 2025 | Big Government, Blogs, Welfare and Entitlements

Hong Kong used to be a role model for good economic policy, but China’s crackdown has had a negative effect, so Singapore is now considered the jurisdiction with the most economic freedom. But I also like to cite Taiwan, which is a top-20...
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