by Dan Mitchell | Apr 10, 2021 | Big Government, Blogs, Taxation
The International Monetary Fund’s dogmatic support for higher taxes and bigger government makes it “the dumpster fire of the global economy.” Wherever IMF bureaucrats go, it seems they push for high-tax policies that will weaken growth. That’s...
by Dan Mitchell | Mar 29, 2021 | Big Government, Blogs, Government Spending
I get asked why I frequently criticize Republicans. My response is easy. I care about results rather than rhetoric. And while GOP politicians often pay lip service to the principles of limited government, they usually increase spending even...
by Dan Mitchell | Mar 23, 2021 | Big Government, Blogs
I’ve been warning that the United States should not copy Europe’s fiscal policy, largely because living standards are significantly lower in nations with large welfare states. That’s true if you look at average levels of consumption in...
by Dan Mitchell | Mar 8, 2021 | Big Government, Blogs, Economics
I periodically write about the importance of long-run growth and about the importance of convergence (whether poorer countries are catching up with richer countries, as suggested by theory). This is because such data, especially over decades,...
by Dan Mitchell | Feb 23, 2021 | Big Government, Blogs, Taxation
What nation serves as the most powerful example of how statism can wreck an economy and impoverish people? The Soviet UnionGreeceCubaChinaZimbabweVenezuela Those are all good choices, but perhaps Argentina is the best example (or should we say worst example?). If...
