by Dan Mitchell | Nov 2, 2021 | Big Government, Blogs, Welfare and Entitlements
It’s impossible to predict when another pandemic will strike. But there’s one future crisis that we already know about, and I recently spoke about that issue to the Liberty International World Conference in Medellin. At first, I wasn’t planning to share this...
by Dan Mitchell | May 25, 2021 | Big Government, Blogs, Welfare and Entitlements
As a libertarian, I don’t care if couples have zero children or 10 children. But as an economist, I’m horrified that big changes in demographics are going to lead to fiscal crises thanks to poorly designed entitlement programs....
by Dan Mitchell | Apr 20, 2021 | Big Government, Blogs, Government Spending
As part of my recent interview about European economic policy with Gunther Fehlinger, I pontificated on issues such as Convergence and Wagner’s Law. I also explained why a Swiss-style spending cap could have saved Greece and Italy...
by Dan Mitchell | Jan 11, 2021 | Blogs, Economics
I have repeatedly warned that nations get in fiscal trouble when government is too big and growing too fast. In such countries, it’s very common to find high levels of government debt as one of the symptoms of excessive spending. This can create the conditions for a...
by Dan Mitchell | Sep 3, 2020 | Uncategorized
Yesterday, the Congressional Budget Office released updated budget projections. The most important numbers in that report show what’s happening with the overall fiscal burden of government – measured by both taxes and spending. As you can see, there’s a big one-time...