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Excessive Government Spending in Europe: Sowing the Seeds for another Fiscal Crisis

by Dan Mitchell | Oct 16, 2014 | Big Government, Blogs, Government Spending

Europe is in deep trouble. That’s an oversimplification, of course, since there are a handful of nations that seem to be moving in the right direction (or at least not moving rapidly in the wrong direction). But notwithstanding those exceptions, Europe in general...

Hong Kong’s Remarkable Fiscal Policy

by Dan Mitchell | Oct 15, 2014 | Big Government, Blogs, Economics, Free Market, Government Spending

I’ve had ample reason to praise Hong Kong’s economic policy. Most recently, it was ranked (once again) as the world’s freest economy. And I’ve shown that this makes a difference by comparing Hong Kong’s economic performance to the comparatively lackluster (or weak)...

What Happens When Too Many Voters Support Redistribution?

by Dan Mitchell | Oct 12, 2014 | Big Government, Blogs, Welfare and Entitlements

Back in 2010, I shared some wise words from Walter Williams and Theodore Dalrymple about how society can become unstable when people figure they can “vote themselves money.” On a related note, I shared the famous “riding in the wagon” cartoons in 2011 and the “Danish...

Bureaucrats at the United Nations Endorse Sweeping New Tax Powers for Politicians

by Dan Mitchell | Oct 6, 2014 | Blogs, Free Market, Tax Competition, Taxation

I’m not a big fan of international bureaucracies. Regular readers know that the Organization for Economic Cooperation and Development is the worst institution from my perspective, followed by the International Monetary Fund. Some folks ask why the United Nations isn’t...

Led by North Carolina and Kansas, a Look at States Moving in the Right Direction

by Dan Mitchell | Oct 2, 2014 | Big Government, Blogs, Government Spending, Tax Competition, Taxation

My colleagues Chris Edwards and Nicole Kaeding have just released the biannual Fiscal Policy Report Card on America’s Governors from the Cato Institute. The Report Card is on the Cato Institute’s most impressive publications sincedevelopments on the state level help...
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