by Dan Mitchell | Nov 2, 2025 | Big Government, Blogs, Economics, Government Spending, Taxation
About two months ago, I wrote that the United Kingdom needed to copy Javier Milei and dramatically reduce the burden of government spending. The immediate goal should be to reverse the post-pandemic spending surge of the Johnson and...
by Dan Mitchell | Oct 24, 2025 | Blogs, Taxation
Economic analysis of taxation is fairly simple and straightforward: The more you tax of something, the less you get of it. Yes, you want to focus on marginal tax rates, and yes, you want to look at “double taxation” to get effective marginal tax rates. If...
by Dan Mitchell | Oct 19, 2025 | Blogs, Economics
Back in 2022, I wrote a column about how major central banks had caused prices to spike by engaging in reckless monetary policy. I included charts showing massive expansions of central bank balance sheets by the U.S. Federal Reserve,...
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...
by Dan Mitchell | Oct 14, 2025 | Blogs, Economics, Taxation
There can be honest and constructive debates about the size of government, such as when I cross swords with someone on the left who understands Arthur Okun’s efficiency-equity tradeoff. Another legitimate debate is about the impact of tax policy,...