by Dan Mitchell | Oct 9, 2018 | Big Government, Blogs, Government Spending
I’ve been in Lebanon for the past few days, but not because I’m seeking a replacement for the Princess of the Levant. Instead, I’m here because the Lebanese Institute for Market Studies arranged a briefing in the Parliament on the perilous state of the nation’s...
by Dan Mitchell | Sep 7, 2018 | Big Government, Blogs, Government Spending
Way back in early 2011, I wrote about the likelihood of various nations suffering a Greek-style meltdown. After speculating on the importance of debt burdens and interest payments, I concluded that …which nation will be the next domino to fall? …Some people think...
by Dan Mitchell | Aug 14, 2018 | Blogs, Economics
A few days ago, I shared some academic research investigating whether economic crises lead to more liberalization (Naomi Klein’s hypothesis) or more statism (Robert Higgs’ hypothesis). Given the dismal long-run outlook for the United States and most other developed...
by Sven R. Larson | Aug 14, 2018 | CF&P Foundation Prosperitas Studies, Publications
[PDF Version] August 2018, Vol. XII, Issue III Fiscal Crisis in America, Part 2: Greece – A Harbinger for the United States? By Sven R. Larson* A fiscal crisis in the United States is no longer unthinkable. It is difficult to assess the probability and the exact...
by Dan Mitchell | Aug 10, 2018 | Blogs, Economics
When I give speeches about modern welfare states, I’ll often cite grim data from the IMF, BIS, and OECD about the very depressing fiscal consequences of ever-expanding government. And if I really want to worry an audience, I’ll augment those numbers by talking about...