by Dan Mitchell | Mar 1, 2019 | Big Government, Blogs, Economics, Government Spending
Back in January, I wrote about the $42 trillion price tag of Alexandria Ocasio-Cortez’s Green New Deal. To pay for this massive expansion in the burden of government spending, some advocates have embraced “Modern Monetary Theory,” which basically assumes the Federal...
by Dan Mitchell | Feb 19, 2019 | Big Government, Blogs, Taxation
I’m not an optimist about the future of Europe, mostly because welfare states are unaffordable in nations suffering from demographic decline. Given the grim trends on the continent, I expect many other nations (probably led by Italy) will experience the fiscal and...
by Dan Mitchell | Feb 15, 2019 | Big Government, Blogs, Socialism
In Part I of this series, we examined the horrific tragedy of Venezuelan statism, and in Part II of this series, we looked at the Scandinavian “free-market welfare state.” Today, Part III will look at the ongoing deterioration of Greece. I’ve written many times about...
by Dan Mitchell | Feb 13, 2019 | Big Government, Blogs, Economics, Socialism
With the surprising success of Senator Bernie Sanders in the last presidential race and the more-recent instant-celebrity status of Representative Alexandria Ocasio-Cortez, some are wondering if the United States is about to enter a “socialist era”. I’ve criticized...
by Dan Mitchell | Jan 22, 2019 | Big Government, Blogs, Taxation
It seems like every Democrat in the country plans to run against Trump in 2020 and presumably all of them will feel compelled to issue manifestos outlining their policy agendas. Which gives me lots of material for my daily column. I’ve previously written about statist...
