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Proposed Spending Cap in Brazil Could Be a Key for Economic Recovery and Renaissance

Proposed Spending Cap in Brazil Could Be a Key for Economic Recovery and Renaissance

by Dan Mitchell | Oct 13, 2016 | Big Government, Blogs

One of the most remarkable developments in the world of fiscal policy is that even left-leaning international bureaucracies are beginning to embrace spending caps as the only effective and successful rule for fiscal policy. The International Monetary Fund is infamous...
Brazil and Mitchell’s Theorem of Societal Collapse

Brazil and Mitchell’s Theorem of Societal Collapse

by Dan Mitchell | Jan 4, 2016 | Big Government, Blogs, Economics

I remember feeling like an outlier a few years ago when so many people were waxing rhapsodic about a glowing economic outlook for Brazil, Russia, India, China, and South Africa. These so-called BRICS nations were enjoying some decent growth at the time, but I was not...

A Potential Human Rights Victory in Brazil Would Be Bad News for Criminals

by Dan Mitchell | Nov 14, 2015 | Blogs, Crime, Human Rights, Society

On Friday, I was asked at a Colorado briefing if I had any good policy news from around the world. I was stumped. Because mostly we’ve seen policy move in the wrong direction. In recent years, we’ve seen a couple of nations repeal their flat tax systems. A few...

What Happens When Too Many Voters Support Redistribution?

by Dan Mitchell | Oct 12, 2014 | Big Government, Blogs, Welfare and Entitlements

Back in 2010, I shared some wise words from Walter Williams and Theodore Dalrymple about how society can become unstable when people figure they can “vote themselves money.” On a related note, I shared the famous “riding in the wagon” cartoons in 2011 and the “Danish...

Life, Liberty, and the Pursuit of Government-Subsidized Happiness in Brazil

by Dan Mitchell | Feb 3, 2011 | Big Government, Blogs, Constitution

One of the many great things about America’s Founding Fathers is that the Declaration of Independence refers to “unalienable rights” including “life, liberty, and the pursuit of happiness.” But there’s not even a suggestion that it is the job of government to provide...
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