by Dan Mitchell | Mar 20, 2023 | Blogs
There are some policy fights that focus on technical disagreements (for instance, how much do deadweight losses increase when tax rates go up?) and other policy fights that involve moral disagreements (for instance, should drugs be...
by Dan Mitchell | Oct 26, 2022 | Big Government, Blogs, Europe, Government Spending, Taxation
I discussed Italy’s looming fiscal crisis on Monday and then argued against a potential bailout on Tuesday. Today, let’s focus on the rest of Europe. I gave a presentation yesterday in Brussels about “Public Finances in the Eurozone” and used the...
by Dan Mitchell | Oct 8, 2022 | Blogs, Economic Growth
Because of my libertarian proclivities, I don’t like when people assert that the United States should have European-sized government. But this is not merely a question of ideology. I’ve repeatedly pointed out that there is a relationship between...
by Dan Mitchell | Aug 12, 2022 | Big Government, Blogs, Taxation
Even though they ostensibly exist to promote economic growth, the International Monetary Fund (IMF) and Organization for Economic Cooperation and Development (OECD) have an unfortunate track record of promoting higher taxes and bigger government. Not that we...
by Dan Mitchell | Jul 13, 2022 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Last month, I shared a chart from a study published by the European Central Bank. It showed which European nations were in the unfortunate position of facing big future spending increases (the vertical axis) combined with already-high levels...