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Fiscal Policy in the United Kingdom: Profligacy, Dishonesty, and Dependency

Fiscal Policy in the United Kingdom: Profligacy, Dishonesty, and Dependency

by Dan Mitchell | Mar 25, 2025 | Big Government, Blogs, Economics, Government Spending, Taxation

Last decade, three things made me optimistic about the United Kingdom. A lengthy period of spending restraint from 2010-2019. Voters chose in 2016 to escape the European Union. Boris Johnson was elected to deliver Brexit in 2019. Sadly, I was hopelessly naive. I...
Anti-Economics from the Economist

Anti-Economics from the Economist

by Dan Mitchell | Mar 6, 2025 | Big Government, Blogs, Economics, Government Spending

Here are three options when contemplating Germany’s biggest economic challenge. Is it the growing burden of government, which likely will worsen over time because of demographic factors? Is it extreme environmental policies that have spiked energy costs and undermined...
Yes, Social Security Is a Ponzi Scheme

Yes, Social Security Is a Ponzi Scheme

by Dan Mitchell | Mar 2, 2025 | Big Government, Blogs, Welfare and Entitlements

When I write about Social Security, my main goal is to point out how Americans would be much richer if the United States had personal retirement accounts based on real savings (like workers in Australia, Chile, Switzerland, Hong...
Advice for DOGE: Curtail Record Welfare Spending in Washington

Advice for DOGE: Curtail Record Welfare Spending in Washington

by Dan Mitchell | Feb 23, 2025 | Big Government, Blogs, Welfare and Entitlements

At the start of the year, I pointed out how politicians used the pandemic as an excuse to increase the long-run trend line of government spending. Today, let’s look at how one component of the federal budget has contributed to America’s perilous fiscal...
What Country Has the Best System of Health Care?

What Country Has the Best System of Health Care?

by Dan Mitchell | Feb 22, 2025 | Blogs, Free Market, Health Care

Which nation has the best health system? Is it a country with overtly government-run health care, like the United Kingdom? Is it Singapore, with its one-of-a-kind system of mandatory private savings? Is it the United States, notwithstanding being...
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