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...
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...
