by Dan Mitchell | Feb 20, 2022 | Big Government, Blogs, Government Spending
The United States needs a constitutional spending cap, sort of like the “debt brake” that has been producing positive results in Switzerland for the past two decades. Imposing a limit on annual spending increases would be a much-needed...
by Dan Mitchell | Apr 20, 2021 | Big Government, Blogs, Government Spending
As part of my recent interview about European economic policy with Gunther Fehlinger, I pontificated on issues such as Convergence and Wagner’s Law. I also explained why a Swiss-style spending cap could have saved Greece and Italy...
by Dan Mitchell | Mar 8, 2021 | Big Government, Blogs, Economics
I periodically write about the importance of long-run growth and about the importance of convergence (whether poorer countries are catching up with richer countries, as suggested by theory). This is because such data, especially over decades,...
by Dan Mitchell | Dec 20, 2020 | Big Government, Blogs, Economics, Regulations
Regulatory policy is one of the five ingredients in the recipe for growth and prosperity. Ideally, there should be a minimal amount of red tape, and it should be governed by sensible cost-benefit analysis (i.e., so it deals with genuine externalities such as...
by Dan Mitchell | Oct 15, 2020 | Blogs, Taxation
Whether we’re examining Economic Freedom of the World, Index of Economic Freedom, World Competitiveness Ranking, the Global Competitiveness Report, or the World Bank’s Doing Business, publications that endeavor to give us apples-to-apples comparisons of economic...
