by Dan Mitchell | Oct 7, 2025 | Big Government, Blogs, Economics, Government Spending
I have a three-part series (here, here, and here) about a likely fiscal crisis hitting Europe. As a matter of fact, I don’t actually think it is “likely.” It’s a given at this point. The only mystery is which domino falls first. My pessimism is based on...
by Dan Mitchell | Sep 27, 2025 | Big Government, Blogs, Government Spending
I’ve repeatedly written about the likelihood of another European fiscal crisis (see here, here, here, and here), and I’ve specifically speculated that Italy will be the first domino (see here, here, here, here, here,...
by Dan Mitchell | Sep 24, 2025 | Big Government, Blogs, Government Spending, Taxation
My 20th Theorem of Government is based on the very simple – but empirically rigorous – premise that the key fiscal variable is spending growth. If government is restrained, there are inevitably good outcomes. If government grows rapidly,...
by Dan Mitchell | Sep 18, 2025 | Big Government, Blogs, Europe
Back in 2011, I speculated about which nation would be the next debt domino. I even wondered if it might be the United States. Now I look at the chart I shared and think those were “the good ol’ days.” Why? Because all of those nations today (other than Ireland)...
by Dan Mitchell | Sep 16, 2025 | Big Government, Blogs, Government Spending
When contemplating which nation will be the next to suffer a fiscal crisis, Italy has traditionally been on everyone’s watch list. Including mine. But now there’s a lot of attention on France, and with good reason. And I think many people...
