by Dan Mitchell | Nov 25, 2025 | Big Government, Blogs, Government Spending
Two months ago, I wrote a column about Italy’s fiscal deterioration and included a chart showing the country moving in the wrong direction, both in the past few years as well as since the turn of the century. Let’s now do the same thing, based on IMF...
by Dan Mitchell | Nov 14, 2025 | Big Government, Blogs, Economics, Government Spending
Having written back in August about China being the least-successful ethnically Chinese country, I was interested to see this recent tweet. Mr. Demos of Pnyx speculated that China would be as backward as India today if the communists has not prevailed...
by Dan Mitchell | Nov 2, 2025 | Big Government, Blogs, Economics, Government Spending, Taxation
About two months ago, I wrote that the United Kingdom needed to copy Javier Milei and dramatically reduce the burden of government spending. The immediate goal should be to reverse the post-pandemic spending surge of the Johnson and...
by Dan Mitchell | Nov 1, 2025 | Big Government, Blogs, Europe, Government Spending
Let’s look today at European fiscal policy. But instead of focusing on the immediate issue (the likelihood of another fiscal crisis), we’re going to investigate whether we can learn anything by looking at what’s happened in the past. My two cents, based...
by Dan Mitchell | Oct 17, 2025 | Big Government, Blogs, Government Spending
Because economists are lousy forecasters, I don’t pretend to know when a fiscal crisis will occur or which nation will be the first debt domino. But it will happen. Indeed, I suspect it will happen the next time there’s an economic downturn (though I...