by Dan Mitchell | Oct 7, 2018 | Big Government, Blogs, Economics, Government Spending
I explained last year that there is an inverse relationship between government efficiency and the size of government. And Mark Steyn made the same point, using humor, back in 2012. Interestingly, we have some unexpected allies. In a recently released study, two...
by Dan Mitchell | Sep 7, 2018 | Big Government, Blogs, Government Spending
Way back in early 2011, I wrote about the likelihood of various nations suffering a Greek-style meltdown. After speculating on the importance of debt burdens and interest payments, I concluded that …which nation will be the next domino to fall? …Some people think...
by Dan Mitchell | Sep 5, 2018 | Big Government, Blogs, Bureaucracy
President Trump has proposed a one-year pay freeze for federal bureaucrats, which has reinvigorated the debate over whether compensation levels for the civil service are too lavish. The Washington Post opines this is nothing but “government bashing,” but...
by Sven R. Larson | Aug 14, 2018 | CF&P Foundation Prosperitas Studies, Publications
[PDF Version] August 2018, Vol. XII, Issue III Fiscal Crisis in America, Part 2: Greece – A Harbinger for the United States? By Sven R. Larson* A fiscal crisis in the United States is no longer unthinkable. It is difficult to assess the probability and the exact...
by Dan Mitchell | Jul 28, 2018 | Big Government, Blogs, Government Spending, Taxation
Shortly after the fiscal crisis began in Greece, I explained that the country got in trouble because of too much government spending. More specifically, I pointed out that the country was violating my Golden Rule, which meant that the burden of spending was rising...