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More Government Spending = Weaker Economic Performance

More Government Spending = Weaker Economic Performance

by Dan Mitchell | Apr 11, 2018 | Big Government, Blogs, Economics, Government Spending

I’m in Brussels, where I’m participating in an “Economic Freedom Summit” on the unfriendly turf of the European Parliament. My role was to chair a panel earlier today about whether Venezuela can recover from socialism. I obviously have an opinion on that topic, but I...
Which State Will Be the First to Suffer Fiscal Collapse?

Which State Will Be the First to Suffer Fiscal Collapse?

by Dan Mitchell | Apr 6, 2018 | Big Government, Blogs, States, Tax Competition, Taxation

I’m a big fan of federalism because states have the flexibility to choose good policy or bad policy. And that’s good news for me since I get to write about the consequences. One of the main lessons we learn (see here, here, here, here, and here) is that high-earning...

From Bad to Worse: The Ongoing Implosion of Venezuelan Statism

by Dan Mitchell | Apr 1, 2018 | Big Government, Blogs

As far as I’m concerned, everything you need to know about capitalism vs. statism is captured in this chart comparing per-capita economic output in Chile and Venezuela. Ask yourself which country offers more opportunity, especially for the poor? The obvious answer is...
Everything You Need to Know about the Budget Deal in One Image

Everything You Need to Know about the Budget Deal in One Image

by Dan Mitchell | Mar 24, 2018 | Big Government, Blogs, Government Spending

Ever since there was a deal to bust the budget caps back in February, I knew it was just a matter of time before Congress and the White House responded with an odious orgy of new spending. Some people told me I was being too pessimistic. After all, the President’s...
Seven Adverse Consequences of Big Government

Seven Adverse Consequences of Big Government

by Dan Mitchell | Mar 12, 2018 | Big Government, Blogs, Economics, Government Spending

I’ve narrated a video on why big government is theoretically bad for an economy, another video looking at the empirical evidence on government spending and economic performance, and also a video on the growth-maximizing size of the public sector. But if you want to...
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