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New York City and the Sixteenth Theorem of Government

New York City and the Sixteenth Theorem of Government

by Dan Mitchell | Feb 18, 2025 | Big Government, Blogs

New York City seems to be a contradiction, a place with terrible governance yet also a city of immense riches. How can this be the case? The short answer is that NYC became rich because, for much of its history, capitalism flourished and government was...
California’s Slow and Steady Fiscal Death

California’s Slow and Steady Fiscal Death

by Dan Mitchell | Feb 16, 2025 | Big Government, Blogs, States, Taxation

California’s top fiscal problem is an ever-growing burden of government spending. In case anyone thinks that is just empty rhetoric, the state budget over the past three decades has risen at twice the rate of inflation. One consequences of ever-expanding...
France and Fiscal Suicide, Part III

France and Fiscal Suicide, Part III

by Dan Mitchell | Feb 14, 2025 | Big Government, Blogs, Government Spending

In Part I of this series, I wrote about the size of government in France (it’s too big). In Part II of this series, I wrote about the growth of government in France (it’s growing too fast). For Part III of the series, let’s consider some of the...
The Recipe for a Syrian Economic Renaissance

The Recipe for a Syrian Economic Renaissance

by Dan Mitchell | Feb 13, 2025 | Big Government, Blogs, Economics

Because it has universal application, the recipe for growth and prosperity is like a Swiss Army knife. It is the best approach for rich nations. It is the best approach for poor nations. It’s also the best approach for war-damaged nations. The last...
More Money =/= Better Education: Part IV

More Money =/= Better Education: Part IV

by Dan Mitchell | Feb 9, 2025 | Big Government, Blogs, Education

In the three previous columns in this series (here, here, and here), we’ve reviewed all sorts of evidence showing that dumping more tax dollars into government schools is not a recipe for better educational outcomes. Instead, our taxes mostly go to...
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