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Lebanon’s Looming Fiscal Crisis and the Golden-Rule Solution

Lebanon’s Looming Fiscal Crisis and the Golden-Rule Solution

by Dan Mitchell | Oct 9, 2018 | Big Government, Blogs, Government Spending

I’ve been in Lebanon for the past few days, but not because I’m seeking a replacement for the Princess of the Levant. Instead, I’m here because the Lebanese Institute for Market Studies arranged a briefing in the Parliament on the perilous state of the nation’s...

Identifying (and Preventing) Future Greek-Style Fiscal Collapses

by Dan Mitchell | Sep 7, 2018 | Big Government, Blogs, Government Spending

Way back in early 2011, I wrote about the likelihood of various nations suffering a Greek-style meltdown. After speculating on the importance of debt burdens and interest payments, I concluded that …which nation will be the next domino to fall? …Some people think...

The Ever-Expanding Fiscal Burden of Social Security

by Dan Mitchell | Jun 6, 2018 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Writing a column every day can sometimes be a challenge, in part because of logistics (I have to travel a lot, which can make things complicated), but also because I want to make sure I’m sharing interesting and relevant information. My task, however, is very easy on...
Italy’s Countdown to Fiscal Crisis

Italy’s Countdown to Fiscal Crisis

by Dan Mitchell | May 20, 2018 | Big Government, Blogs, Economics

As a general rule, we worry too much about deficits and debt. Yes, red ink matters, but we should pay more attention to variables such as the overall burden of government spending and the structure of the tax system. That being said, Greece shows that a nation can...

In a Single Image, Everything You Need to Know about the New CBO Budget Numbers

by Dan Mitchell | Apr 10, 2018 | Big Government, Blogs, Government Spending

The Congressional Budget Office just released its annual Economic and Budget Outlook, and almost everyone in Washington is agitated (or pretending to be agitated) about annual deficits exceeding $1 trillion starting in the 2020 fiscal year. All that red ink isn’t good...
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