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Greece Needs to Expand its Experiment with Supply-Side Economics

Greece Needs to Expand its Experiment with Supply-Side Economics

by Dan Mitchell | Aug 3, 2020 | Big Government, Blogs, Taxation

There’s a reason that Greece is almost synonymous with bad economic policy. The country has endured some terrible prime ministers, most recently Alexis Tsipras of the far-left Syriza Party. Andreas Papandreou, however, wins the prize for doing the most damage. He...
Understanding “Public Goods”

Understanding “Public Goods”

by Dan Mitchell | Jul 31, 2020 | Big Government, Blogs, Government Spending

I wrote last month about “anarcho-capitalists” who think we don’t need any government because markets can provide everything. Most people, though, think that there are certain things (such as national defense and the rule of law) that are “public goods” because they...

Donald Trump Is No Ronald Reagan

by Dan Mitchell | Jul 27, 2020 | Big Government, Blogs, Government Spending

Way back in January of 2017, I predicted for a French TV audience that Donald Trump would be a big spender like George Bush instead of a small-government conservative like Ronald Reagan. Sadly, I was right. I crunched the numbers earlier this year and showed that...
Italy’s Grim Outlook

Italy’s Grim Outlook

by Dan Mitchell | Jul 23, 2020 | Big Government, Blogs, Welfare and Entitlements

There are many reasons to be depressed about Italy. Bad policy is part of the problem, of course, but this chart shows that the country also is facing a demographic crisis. The blue lines show that there are now more deaths than births. The chart comes from...
Ludicrous Poverty Analysis from the United Nations

Ludicrous Poverty Analysis from the United Nations

by Dan Mitchell | Jul 20, 2020 | Big Government, Blogs

Back in 2017, the Center for Freedom and Prosperity released this video, which shows that free markets and small government are the best recipe for poor nations that want to become rich nations. The CF&P video was motivated in part by a need to debunk...
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