by Dan Mitchell | Jun 22, 2015 | Blogs, Economics
When I wrote the other day that the Organization for Economic Cooperation and Development was the worst international bureaucracy, I must have caused some envy at the International Monetary Fund. One can imagine the tax-free bureaucrats from the IMF, lounging at their...
by Dan Mitchell | May 25, 2015 | Big Government, Blogs, Government Spending
When I first came to Washington back in the 1980s, there was near-universal support and enthusiasm for a balanced budget amendment among advocates of limited government. The support is still there, I’m guessing, but the enthusiasm is not nearly as intense. There are...
by Dan Mitchell | May 8, 2015 | Blogs, Economics
In early November of last year, I shared some remarkable data from a groundbreaking study published by the European Central Bank (ECB). The study looking at public sector efficiency (PSE) in developed nations and found that “big governments spend a lot more and...
by Dan Mitchell | May 1, 2015 | Big Government, Blogs, Government Spending, Taxation
For the people of China, there’s good news and bad news. The good news, as illustrated by the chart, is that economic freedom has increased dramatically since 1980. This liberalization has lifted hundreds of millions from abject poverty. The bad news is that China...
by Dan Mitchell | Mar 16, 2015 | Big Government, Blogs, Economics, Government Spending
It’s not very often that I applaud research from the International Monetary Fund. That international bureaucracy has a bad track record of pushing for tax hikes and other policies to augment the size and power of government (which shouldn’t surprise us since the IMF’s...