by Dan Mitchell | Mar 26, 2023 | Blogs, Economics, Europe
The United States has a medium-sized welfare state and nations in Western Europe have large-sized welfare states. Which approach is better (or, to be more accurate, less worse)? To answer that question, you want to compare living standards. And...
by Dan Mitchell | Mar 22, 2023 | Big Government, Blogs, Europe, Welfare and Entitlements
Leftists should be nice to rich people people because those entrepreneurs, investors, and business owners are the ones financing the federal government. However, there are too few rich people to finance a European-sized welfare state. The above video is...
by Dan Mitchell | Feb 25, 2023 | Big Government, Blogs, Europe, Government Spending, Taxation
What’s the main fiscal and/or economic problem in the European Union? Is it that the burden of taxes and spending is very onerous today?Or is it that the burden of taxes and spending will become more onerous in the future? The easy and correct...
by Dan Mitchell | Feb 6, 2023 | Big Government, Blogs, Europe
My biggest economic concern is that the United States, because of population aging and poorly designed entitlement programs, is slowly but surely going to become a European-style welfare state. To help convince people that this is a bad outcome, I...
by Dan Mitchell | Dec 3, 2022 | Blogs, Economics, Europe
I frequently call attention to my “anti-convergence club” because it shows – using decades of data – that you get more prosperity in nations with more economic liberty. And that’s true everyplace in the world. Including in Eastern Europe, as we can see from...
