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Austria’s Fiscal Deterioration

Austria’s Fiscal Deterioration

by Dan Mitchell | May 12, 2025 | Big Government, Blogs, Government Spending, Taxation

I’ve written several times about the “Austrian School” of economics, but I’ve never written about the economics of Austria. Since I just spoke in Vienna on the topic of that nation’s fiscal policy, this is a good opportunity to make up for the lack of...
The Economic Consequences of Ever-Growing Government in Finland

The Economic Consequences of Ever-Growing Government in Finland

by Dan Mitchell | May 9, 2025 | Big Government, Blogs, Economics, Welfare and Entitlements

I’m currently in Finland for meetings with various people and I learned that the country’s bloated public sector and expensive welfare state are imposing a very heavy cost on the economy. How heavy of a cost? According to IMF data, there’s...
Fiscal Fights with Friends: We Don’t Need Two Class-Warfare Political Parties

Fiscal Fights with Friends: We Don’t Need Two Class-Warfare Political Parties

by Dan Mitchell | Apr 16, 2025 | Big Government, Blogs, Economics, Taxation

Time for another edition of my series on “Fiscal Fights with Friends,” where I debunk supposed conservatives who advocate for statist policies. Today’s topic is tax increases, an issue that I’ve had to address before (examples can be found here, here,...
The Conservative Argument Against Foreign Aid and the Libertarian Argument Against Foreign Aid

The Conservative Argument Against Foreign Aid and the Libertarian Argument Against Foreign Aid

by Dan Mitchell | Apr 7, 2025 | Big Government, Blogs, Government Waste

There are many strains of libertarians (ranging from left-libertarians to anarcho-capitalists), but I feel safe in stating that they all are skeptical of foreign aid. At the risk of oversimplifying, there are two reasons for the skepticism. Libertarians...
Fiscal Policy in the United Kingdom: Profligacy, Dishonesty, and Dependency

Fiscal Policy in the United Kingdom: Profligacy, Dishonesty, and Dependency

by Dan Mitchell | Mar 25, 2025 | Big Government, Blogs, Economics, Government Spending, Taxation

Last decade, three things made me optimistic about the United Kingdom. A lengthy period of spending restraint from 2010-2019. Voters chose in 2016 to escape the European Union. Boris Johnson was elected to deliver Brexit in 2019. Sadly, I was hopelessly naive. I...
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