by Dan Mitchell | Aug 29, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
Scandinavian countries have very unusual economic policy. They are very free market-oriented with regards to most types of economic policy. The glaring exception is fiscal policy, where these nations get very low scores. The burden of...
by Dan Mitchell | Jul 15, 2023 | Blogs, Economics, Free Market
There is a recipe for achieving growth and prosperity and I used a grade-point-average analogy earlier this year to explain why it is important to get all the ingredients correct. Let’s look at some empirical data. I wrote back in March about the Heritage...
by Dan Mitchell | Apr 5, 2023 | Big Government, Blogs, Health Care
When I write about Sweden, it is usually to point out the nation’s schizophrenic approach to public policy – very bad on fiscal issues but very good in other areas like trade, regulation, and monetary policy. Though there are even some good...
by Dan Mitchell | Feb 23, 2023 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Some American politicians, such as Joe Biden and Donald Trump, are very much opposed to dealing with Social Security, even though the current system has a massive $56 trillion cash-flow deficit. For all intents and purposes, both the current...
by Dan Mitchell | Oct 17, 2021 | Big Government, Blogs, Taxation, Welfare and Entitlements
Some of my left-leaning friends (as well as some non-friends) think Nordic nations such as Sweden are shining examples of successful socialism. They’re wrong. Not only are they wrong, but those nations actually are case studies of how big welfare...