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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...
The (Highly Implausible but Theoretically Attractive) Case for Import Taxes

The (Highly Implausible but Theoretically Attractive) Case for Import Taxes

by Dan Mitchell | Mar 11, 2018 | Big Government, Blogs, Free Market

Every time I write a column criticizing Trump’s protectionism, I get pushback. Some of the resistance is from people who genuinely think trade barriers are a good thing, and I routinely respond by asking them to ponder these eight questions or these five charts. But I...
Entitlements: The “Most Predictable Economic Crisis in History”

Entitlements: The “Most Predictable Economic Crisis in History”

by Dan Mitchell | Mar 6, 2018 | Big Government, Blogs, Government Spending

Writing about federal spending last week, I shared five charts illustrating how the process works and what’s causing America’s fiscal problems. Most important, I showed that the ever-increasing burden of federal spending is almost entirely the result of domestic...
Trump’s Spending Splurge Is a Long-Run Recipe for Higher Taxes and Less Prosperity

Trump’s Spending Splurge Is a Long-Run Recipe for Higher Taxes and Less Prosperity

by Dan Mitchell | Feb 28, 2018 | Big Government, Blogs, Economics, Government Spending, Taxation

I sometimes sardonically comment about Democratic politicians playing Santa Claus, but Republicans can play that game as well. Trump and his allies in Congress recently agreed on a big-spending budget deal that lavishes more money on both the Pentagon and domestic...
California Has Many Natural Advantages, but How Long Can It Survive Big Government?

California Has Many Natural Advantages, but How Long Can It Survive Big Government?

by Dan Mitchell | Feb 26, 2018 | Blogs, States, Tax Competition, Taxation

In 2016, here’s some of what I wrote about the economic outlook in Illinois. There’s a somewhat famous quote from Adam Smith (“there is a great deal of ruin in a nation“) about the ability of a country to survive and withstand lots of bad public policy. I’ve tried to...
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