by Dan Mitchell | Oct 11, 2025 | Big Government, Blogs, Government Spending, Taxation
Given my concern about the negative effects of excessive government spending, as well as my concerns about the consequences of ever-growing government (higher taxes, higher debt, inflation), I’m always very interested to learn about the...
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 | Oct 1, 2025 | Big Government, Blogs
In 2013, during a political squabble over a previous government shutdown, here’s some of what I wrote. …in my libertarian fantasy world, we leave it closed. Or at least we never bother to reopen counterproductive bureaucracies such as the Department of...
by Dan Mitchell | Sep 28, 2025 | Blogs, Economics, Taxation
I often explain that the Laffer Curve does not mean that tax increases result in less revenue. In the vast majority of cases, politicians will get more money if they raise tax rates. What the Laffer Curve explains is that they probably won’t...
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,...