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A Cartoon that Tells You Everything You Need to Know about International Bureaucracies

A Cartoon that Tells You Everything You Need to Know about International Bureaucracies

by Dan Mitchell | Aug 10, 2016 | Big Government, Blogs, Economics, Tax Competition, Taxation

Okay, I’ll admit the title of this post is an exaggeration. There are lots of things you should know – most bad, though some good – about international bureaucracies. That being said, regular readers know that I get very frustrated with the statist policy agendas of...
More Hack Analysis from the IMF

More Hack Analysis from the IMF

by Dan Mitchell | May 29, 2016 | Big Government, Blogs, Economics, Government Spending

The International Monetary Fund is a left-leaning bureaucracy that was set up to monitor the fixed-exchange-rate monetary system created after World War II. Unsurprisingly, when that system broke down and the world shifted to floating exchange rates, the IMF didn’t go...

The IMF Is the Dumpster Fire of the Global Economy

by Dan Mitchell | Feb 29, 2016 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation

I thought the Organization for Economic Cooperation and Development had cemented its status as the world’s worst international bureaucracy when it called for a Keynesian spending binge even though the global economy is still suffering from previous schemes for...
The Best and Worst Developments of 2015

The Best and Worst Developments of 2015

by Dan Mitchell | Jan 1, 2016 | Big Government, Blogs, Government Spending, Health Care, Taxation, VAT

What were the most noteworthy events from 2015? Regarding bad news, there’s unfortunately a lot of competition. But if I’m forced to pick the very worst developments, here’s my list. Resuscitation of the Export-Import Bank – I did a premature victory dance last year...
The Fiscal Nightmare of Changing Demographics Combined with Poorly Designed Entitlement Programs

The Fiscal Nightmare of Changing Demographics Combined with Poorly Designed Entitlement Programs

by Dan Mitchell | Oct 30, 2015 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements

In my speeches, I routinely argue that an aging population is one of the reasons why we need genuine entitlement reform. A modest-sized welfare state may be feasible if a country has a “population pyramid,” I explain, but it’s a recipe for fiscal chaos when changing...
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