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Continuing Fiscal Decay in the United Kingdom

Continuing Fiscal Decay in the United Kingdom

by Dan Mitchell | May 15, 2025 | Big Government, Blogs, Government Spending

I’m in London today as part of the Free Market Road Show, so let’s focus this column on the grim state of fiscal policy in the United Kingdom. The supposed Conservative Party fell off the wagon of fiscal sobriety starting in 2019 and the Labour...
Austria’s Fiscal Deterioration

Austria’s Fiscal Deterioration

by Dan Mitchell | May 12, 2025 | Big Government, Blogs, Government Spending, Taxation

I’ve written several times about the “Austrian School” of economics, but I’ve never written about the economics of Austria. Since I just spoke in Vienna on the topic of that nation’s fiscal policy, this is a good opportunity to make up for the lack of...
Telling the Truth about Trump’s New Budget

Telling the Truth about Trump’s New Budget

by Dan Mitchell | May 3, 2025 | Big Government, Blogs, Government Spending

I’ve been critical of Trump’s record on government spending, particularly with regards to entitlements. But perhaps he’ll be better in his second term and there is a positive sign in his just-released budget for discretionary...
Greece and the 20th Theorem of Government

Greece and the 20th Theorem of Government

by Dan Mitchell | Apr 23, 2025 | Big Government, Blogs, Government Spending

In the past seven months, I’ve used my 20th Theorem of Government to analyze three countries (France, Brazil, Colombia) and two states (Maryland, Washington). All of those case studies were examples of “fiscal deterioration,” which occurs when politicians...
Improved Data on Ronald Reagan’s Fiscal Performance

Improved Data on Ronald Reagan’s Fiscal Performance

by Dan Mitchell | Apr 21, 2025 | Big Government, Blogs, Government Spending

In 2020, I crunched numbers from OMB’s Historical Tables to rank the fiscal performance of nine recent presidents, going all the way back to LBJ. I was especially interested to see which presidents did best and worst when looking on overall...
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