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Visualizing the Difference Between Switzerland and Europe’s Welfare States

Visualizing the Difference Between Switzerland and Europe’s Welfare States

by Dan Mitchell | Aug 28, 2022 | Big Government, Blogs, Europe, Taxation, Welfare and Entitlements

What accounts for Switzerland’s “improbable success“? How did a small, land-locked nation with few natural resources become so successful? Switzerland routinely ranks very high in international comparisons of economic liberty, so that means...
Western Europe, Wagner’s Law, and Economic Growth

Western Europe, Wagner’s Law, and Economic Growth

by Dan Mitchell | Jul 3, 2022 | Big Government, Blogs, Europe, Welfare and Entitlements

In this clip from an interview with Chile’s Axel Kaiser, I discuss “Wagner’s Law” and the lessons to be learned from fiscal policy in Western Europe. If you don’t want to watch the video, my discussion can be summarized in three sentences. Yes, welfare states in...
Europe’s Soon-to-Implode Welfare States

Europe’s Soon-to-Implode Welfare States

by Dan Mitchell | Jun 29, 2022 | Big Government, Blogs, Welfare and Entitlements

What’s the most depressing chart in the world? If you believe in limited government and you’re looking back in time, this example or this example are good candidates. But if we’re looking into the future, this chart from a new study by...
The European Central Bank: Subsidizing Profligacy, Creating Bubbles

The European Central Bank: Subsidizing Profligacy, Creating Bubbles

by Dan Mitchell | May 24, 2022 | Big Government, Blogs, Europe, Monetary Policy, Welfare and Entitlements

Earlier this year, I pointed out that President Biden should not be blamed for rising prices. There has been inflation, of course, but the Federal Reserve deserves the blame. More specifically, America’s central bank responded to the coronavirus...
In a Tweet, Everything You Need to Know about Living Standards in the United States and Europe

In a Tweet, Everything You Need to Know about Living Standards in the United States and Europe

by Dan Mitchell | Mar 18, 2022 | Big Government, Blogs, Welfare and Entitlements

When debating big issues such as the size and scope of government, I like to think that facts matter. Maybe I’m being naive, but people should look at evidence before deciding whether to make government bigger or smaller. And with...
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