by Dan Mitchell | Oct 5, 2013 | Big Government, Blogs, Taxation, VAT
If you have any long-term Japanese investments, sell them soon. In part, that’s because the Japanese Prime Minister announced another Keynesian spending binge earlier this year – even though several so-called stimulus plans in Japan have flopped over the past two...
by Dan Mitchell | Sep 20, 2013 | Blogs, Taxation
If I had to identify a “least-favorite” international bureaucracy, it almost certainly would be the Paris-based Organization for Economic Cooperation and Development. The OECD doesn’t waste as much money as the United Nations, it might not cause as much macroeconomic...
by Dan Mitchell | Jul 23, 2013 | Blogs, Economics, Tax Competition, Taxation
What’s the biggest fiscal problem facing the developed world? To an objective observer, the answer is a rising burden of government spending, caused by poorly designed entitlement programs, growing levels of dependency, and unfavorable demographics. The combination of...
by Dan Mitchell | Jun 27, 2013 | Big Government, Blogs, Europe, Government Spending
I don’t write or speak about education very much, but, when asked, I explain that America has a very costly and inefficient government school monopoly. The strongest piece of evidence is an amazing chart put together by a Cato colleague. It shows that education...
by Dan Mitchell | Jun 3, 2013 | Blogs, Economics
With many European nations already in the midst of a fiscal crisis caused by excessive government, and with most other industrialized nations heading down the same path thanks to aging populations and poorly designed entitlement programs, this would be a good time for...