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The Looming Fiscal Crisis

The Looming Fiscal Crisis

by Dan Mitchell | Jun 23, 2024 | Big Government, Blogs, Government Spending

More than 13 years ago, when many European nations were rocked by fiscal crisis, I speculated about which nation would be the next to suffer a Greek-style meltdown. I focused my analysis on Japan, Italy, Greece, Belgium, Spain, and Portugal. And I...
Italy’s Absurd Boondoggle Giveaway

Italy’s Absurd Boondoggle Giveaway

by Dan Mitchell | Apr 30, 2024 | Big Government, Blogs, Government Spending

I wrote a two-part series (here and here) in 2022 predicting that Italy was at risk of suffering a fiscal crisis. If and when it occurs, it will be because investors decide that Italy’s government might default (i.e., be unable to make payments on its debt)....
Washington’s Fiscal Ponzi Scheme

Washington’s Fiscal Ponzi Scheme

by Dan Mitchell | Mar 20, 2024 | Big Government, Blogs, Economics, Government Spending

My book on fiscal policy, co-authored with Les Rubin, is now officially published. I wrote a sneak-peak column about The Greatest Ponzi Scheme on Earth last week. There are three main takeaways from our book. The problem is spending The problem is...
Hopes and Fears for 2024

Hopes and Fears for 2024

by Dan Mitchell | Jan 1, 2024 | Big Government, Blogs, Education, Government Spending, Welfare and Entitlements

As usual (2023, 2022, 2021, 2020, 2019, 2018, etc), let’s start the year by listing three things I’m hoping for and three things I worry may happen. Let’s start with the potential good news. Here are the three things that plausibly could...
The Best and Worst News of 2023

The Best and Worst News of 2023

by Dan Mitchell | Dec 31, 2023 | Big Government, Blogs, Education, Welfare and Entitlements

Time for the annual “best and worst” column, which has been a long-standing tradition (2022, 2021, 2020, 2019, 2018, etc). We actually saw some major good news in 2023. Here are my top 3 developments. President Milei in Argentina – The most...
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