by Dan Mitchell | Sep 2, 2025 | Big Government, Blogs, Economics, Government Spending
I’ve been explaining for years that economists are lousy forecasters. But we are capable of noticing trends, including trends that will lead of bad outcomes if not reversed. For instance, my recent series on “France and Fiscal Suicide” points...
by Dan Mitchell | Aug 30, 2025 | Big Government, Blogs, Government Spending
Ever since unveiling my 20th Theorem of Government, I’ve mostly shared bad news about jurisdictions with profligate politicians (France, Brazil, Colombia, Maryland, Washington, Australia, Germany, and Canada). My only positive...
by Dan Mitchell | Aug 28, 2025 | Big Government, Blogs, Economics, Government Spending
When I wrote yesterday about Germany, I could imagine readers shrugging their shoulders and thinking it was just another column about European decline. Indeed, I’ve written similar columns about other welfare states such...
by Dan Mitchell | Aug 27, 2025 | Big Government, Blogs, Government Spending
In 2023, I wrote about Germany’s fiscal decay, noting that the burden of government spending had been increasing faster than the productive sector of the economy. This violated my Golden Rule. In the accompanying chart, I noted that government was...
by Dan Mitchell | Aug 16, 2025 | Big Government, Blogs, Government Spending, Regulations
Since I’m a huge fan of Javier Milei’s free-market agenda, it’s very exciting to be in Argentina this week. Two days ago, I shared some slides about Milei’s achievements from the head of the International Chamber of Commerce for Argentina. Today, let’s...