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France, Electoral Suicide, and the 22nd Theorem of Government

France, Electoral Suicide, and the 22nd Theorem of Government

by Dan Mitchell | Oct 15, 2025 | Blogs, Economics

Back in 2011, I shared two cartoons to illustrate why the welfare state might theoretically collapse. Today, I’m going to examine what I fear will be a real-world example. I’ve written a four-part series about France’s dire fiscal status...
Fiscal Rules Focused on Debt Don’t Necessarily Produce Good Outcomes

Fiscal Rules Focused on Debt Don’t Necessarily Produce Good Outcomes

by Dan Mitchell | Oct 11, 2025 | Big Government, Blogs, Government Spending, Taxation

Given my concern about the negative effects of excessive government spending, as well as my concerns about the consequences of ever-growing government (higher taxes, higher debt, inflation), I’m always very interested to learn about the...
The 2025 Version of Which Country Will Be the First Debt Domino?

The 2025 Version of Which Country Will Be the First Debt Domino?

by Dan Mitchell | Sep 18, 2025 | Big Government, Blogs, Europe

Back in 2011, I speculated about which nation would be the next debt domino. I even wondered if it might be the United States. Now I look at the chart I shared and think those were “the good ol’ days.” Why? Because all of those nations today (other than Ireland)...
Spain’s Risky Fiscal Status

Spain’s Risky Fiscal Status

by Dan Mitchell | Sep 16, 2025 | Big Government, Blogs, Government Spending

When contemplating which nation will be the next to suffer a fiscal crisis, Italy has traditionally been on everyone’s watch list. Including mine. But now there’s a lot of attention on France, and with good reason. And I think many people...
France, Electoral Suicide, and the 22nd Theorem of Government

Five Options for the Future of Social Security

by Dan Mitchell | Jul 28, 2025 | Big Government, Blogs, Welfare and Entitlements

Back in 2020, I created a simple visual to explain potential options for Social Security. My goal was to help readers understand that politicians have the ability to make the current system better, but they also could make it even worse. But I’m not...
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