by Dan Mitchell | Oct 21, 2024 | Blogs, Europe
In April of 2023, I wrote about the fact that there is more spending and more debt in the PIGS (Portugal, Italy, Greece, and Spain) compared to levels before the last European fiscal crisis. In December of 2023, I wrote about the growing burden of...
by Dan Mitchell | Sep 27, 2024 | Big Government, Blogs, Government Spending
While writing about Colombia’s fiscal problems 10 days ago, I issued my 20th Theorem of Government. Simply stated, governments get in trouble because politicians spend too much money. To be more specific, they don’t follow my Golden Rule. And that’s exactly...
by Dan Mitchell | Sep 25, 2024 | Big Government, Blogs, Government Spending
In 2018, I shared a study that gave people a way to predict when a country would suffer a fiscal crisis. I liked the findings because the authors concluded that spending restraint was the best way of staying out of trouble. Now there’s a new...
by Dan Mitchell | Sep 7, 2024 | Blogs, Economics, Europe, Free Market
It’s an annual tradition (2023, 2022, 2021…all the way back to 2010) to write about the Heritage Foundation’s Index of Economic Freedom. Since most people care about relative rankings, I’ll start with a look at the 25 nations that have the most...
by Dan Mitchell | Aug 2, 2024 | Big Government, Blogs, Government Spending
In the pre-Trump era, I used to ask whether Republicans were fiscally responsible Reaganites or big-spending Bushies. In recent years, the question has become whether the GOP is a small-government Reagan party or a big-government Trump party....
