by Dan Mitchell | Jan 26, 2017 | Big Government, Blogs, Government Spending
The Congressional Budget Office, as part of The Budget and Economic Outlook: 2017 to 2027, has just released fiscal projections for the next 10 years. This happens twice every year. As part of this biannual exercise, I regularly (most recently here and here) dig...
by Dan Mitchell | Nov 28, 2016 | Big Government, Blogs, Economics, Government Spending, Supply Side
There’s a lot of speculation in Washington about what a Trump Administration will do on government spending. Based on his rhetoric it’s hard to know whether he’ll be a big-spending populist or a hard-nosed businessman. But what if that fight is pointless? Back in...
by Dan Mitchell | Nov 8, 2016 | Big Government, Blogs, Government Spending
I’m generally a fan of Australia. I wrote my dissertation on the country’s private Social Security system, and I’m always telling policy makers we should copy their approach. The Aussies also abolished death taxes, which was a very admirable choice. I even wrote that...
by Dan Mitchell | Oct 13, 2016 | Big Government, Blogs
One of the most remarkable developments in the world of fiscal policy is that even left-leaning international bureaucracies are beginning to embrace spending caps as the only effective and successful rule for fiscal policy. The International Monetary Fund is infamous...
by Dan Mitchell | Sep 21, 2016 | Blogs, Economics, Free Market
When writing a few days ago about the newly updated numbers from Economic Freedom of the World, I mentioned in passing that New Zealand deserves praise “for big reforms in the right direction.” And when I say big reforms, this isn’t exaggeration or puffery. Back in...
