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Greece and the 20th Theorem of Government

Greece and the 20th Theorem of Government

by Dan Mitchell | Apr 23, 2025 | Big Government, Blogs, Government Spending

In the past seven months, I’ve used my 20th Theorem of Government to analyze three countries (France, Brazil, Colombia) and two states (Maryland, Washington). All of those case studies were examples of “fiscal deterioration,” which occurs when politicians...
The 2025 Version of America’s Dismal Fiscal Future

The 2025 Version of America’s Dismal Fiscal Future

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

Some traditions are enjoyable, like opening day of the baseball season or celebrating a child’s birthday. Today, we’re going to continue an unpleasant annual tradition (see 2018, 2019, 2020, 2021, 2022, 2023, 2024) by looking at the...
What’s More Preposterous, a Sovereign Wealth Fund or a Strategic Crypto Reserve?

What’s More Preposterous, a Sovereign Wealth Fund or a Strategic Crypto Reserve?

by Dan Mitchell | Mar 4, 2025 | Big Government, Blogs, Government Spending

It is clear that Donald Trump’s worst policy is protectionism, but his silliest policy is more difficult to identify. Today, let’s consider two possible choices: Have the federal government borrow more money to create a “sovereign wealth fund.” Have the federal...
Yes, Social Security Is a Ponzi Scheme

Yes, Social Security Is a Ponzi Scheme

by Dan Mitchell | Mar 2, 2025 | Big Government, Blogs, Welfare and Entitlements

When I write about Social Security, my main goal is to point out how Americans would be much richer if the United States had personal retirement accounts based on real savings (like workers in Australia, Chile, Switzerland, Hong...
The United States is suddenly in big trouble

The United States is suddenly in big trouble

by Dan Mitchell | Feb 13, 2025 | Opinion and Commentary

Originally published in The Telegraph on February 3, 2025. Donald Trump’s second term in office is already generating controversy on topics as diverse as birthright citizenship and Greenland, but his presidency’s success will probably be determined by the economy. And...
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