by Dan Mitchell | Feb 2, 2018 | Blogs
The United States and other western nations became rich during the 1800s thanks to a combination of rule of law and very small government. Sadly, very few nations – most notably East Asian tiger economies – have become rich in the modern era. Yes, some other countries...
by Dan Mitchell | Dec 8, 2017 | Big Government, Blogs, Welfare and Entitlements
I wrote yesterday about “the world’s demographic problem,” citing a new study about the fiscal implications of aging populations. The report was produced by the Organization for Economic Cooperation and Development, which is not my favorite international...
by Dan Mitchell | Oct 13, 2017 | Big Government, Blogs, Government Spending
Back in 2013, when I was still doing a “question of the week” column, I suggested that Australian was the best option for those contemplating a new home in the event of some sort of Greek-style fiscal collapse in the United States. I pointed out that America wasn’t in...
by Dan Mitchell | Aug 29, 2017 | Uncategorized
Most people understand that there’s a Social Security crisis, but they only know half the story. The part of the crisis they grasp is that the program is basically bankrupt, though I doubt many of them realize that the long-run shortfall is a staggering $44 trillion....
by Dan Mitchell | Jun 16, 2017 | Big Government, Blogs, Welfare and Entitlements
There’s a lot to admire about Switzerland, particularly compared to its profligate neighbors. It has a spending cap, imposed in a landslide referendum early last decade, that has constrained the growth of government. It has a genuinely decentralized system with a very...
