by Dan Mitchell | Jul 25, 2022 | Big Government, Blogs, Education
Whether I’m debating the quality of government schools or the funding of government schools, I routinely share this chart from the late Andrew Coulson. There are two obvious takeaways from this data. Taxpayers have been shelling out...
by Dan Mitchell | Jul 15, 2022 | Big Government, Blogs, Government Spending
Back in May, I pointed out that it is absurd for Joe Biden to claim credit for lower deficits. This Reason video elaborates, noting that red ink is (temporarily) falling solely because the orgy of pandemic spending is ending. Serious budget people, regardless of their...
by Dan Mitchell | Jul 11, 2022 | Big Government, Blogs
It’s not as bad as Cuba, North Korea, or Venezuela, but Argentina (as illustrated by this video) is a case study of how statism can ruin an economy. The most important takeaway from the video is that Argentina used to be one of the world’s richest nations. Even as...
by Dan Mitchell | Jul 8, 2022 | Big Government, Blogs
I wrote yesterday about how pro-market policies in Estonia are helping that nation catch up (converge) with other European nations. Indeed, Estonia arguably is the most successful country to emerge from the economic...
by Dan Mitchell | Jul 3, 2022 | Big Government, Blogs, Europe, Welfare and Entitlements
In this clip from an interview with Chile’s Axel Kaiser, I discuss “Wagner’s Law” and the lessons to be learned from fiscal policy in Western Europe. If you don’t want to watch the video, my discussion can be summarized in three sentences. Yes, welfare states in...