by Dan Mitchell | Mar 18, 2023 | Big Government, Blogs, Government Spending
Back in 2012, I wrote a column for the Wall Street Journal to highlight the success of Switzerland’s spending cap (also known as the “debt brake”). Swiss voters voted for this spending cap in 2001 and ever since it took effect in 2003,...
by Dan Mitchell | Mar 5, 2023 | Big Government, Blogs
Some people are urging a national divorce between blue states and red states, but a far more practical approach is Swiss-style federalism. I’ve been a long-time advocate of copying Switzerland. It ranks very high for economic liberty, and this...
by Dan Mitchell | Feb 28, 2023 | Blogs, Taxation
Marginal tax rates (how much you are taxed for earning additional money) have a big impact on incentives to engage in productive activity such as work, saving, investment, and entrepreneurship. This is why governments should keep tax rates at modest levels. But as you...
by Dan Mitchell | Dec 26, 2022 | Blogs
I’m a big believer in looking at long-run trends, particularly whether countries are experiencing convergence of divergence with regards to per-capita economic output. Poor nations normally should grow faster than rich nations, so we can...
by Dan Mitchell | Oct 29, 2022 | Big Government, Blogs, Europe, Government Spending
As part of “European Fiscal Policy Week,” I’ve complained about bad Italian fiscal policy, bad Europe-wide fiscal policy, bad British fiscal policy, and also the unhelpful role of the European Union. But I want to end the week on an...
