by Dan Mitchell | Jun 11, 2025 | Big Government, Blogs, Government Spending
One month ago, I explained that the United Kingdom was suffering economic and fiscal deterioration because of a rising burden of government spending. And when a greater share of economic output is diverted to the government, that means slower growth (even...
by Dan Mitchell | May 12, 2024 | Blogs
While President Javier Milei is easily the best head of state right now, it would be more difficult to pick the best head of state in my lifetime. It may turn out to be Milei, depending on whether he ultimately can convince a hostile legislature to unshackle...
by Dan Mitchell | Apr 10, 2023 | Blogs, Economics, Supply Side
As documented in Commanding Heights: The Battle of Ideas, Margaret Thatcher and Ronald Reagan saved their nations from economic malaise and decline. Today, let’s focus on what happened in the United Kingdom. Economic liberty greatly...
by Dan Mitchell | Aug 27, 2020 | Blogs, Economics
It’s not often (actually, only once) that I share a video lasting nearly two hours. But this video – revolving around the intellectual rivalry between pro-market Hayek and pro-intervention Keynes – is an excellent summary of 20th-century economic policy. We learn...
by Dan Mitchell | May 27, 2020 | Big Government, Blogs, Government Spending
Margaret Thatcher was the British version of Ronald Reagan, a leader who resuscitated a nation by rolling back the size and scope of government. She also is famous for one of the most accurate observations ever made about fiscal policy. Her warning proved prophetic...