by Dan Mitchell | Jul 17, 2017 | Big Government, Blogs, Government Spending
I wrote yesterday about a very depressing development in the United Kingdom. Politicians in that country – including some supposed fiscal conservatives – are contemplating a big expansion in the burden of government spending in order to give pay hikes to the...
by Dan Mitchell | Jul 16, 2017 | Big Government, Blogs, Government Spending
One of my favorite charts shows how nations achieve great results when they engage in multi-year periods of spending restraint. The most important benefit is that the burden of government shrinks relative to the private sector, but it’s also worth noting that...
by Dan Mitchell | Jul 1, 2017 | Blogs, Health Care
Writing about the sub-par single-payer healthcare system in the United Kingdom, Paul Krugman infamously claimed that,“In Britain, the government itself runs the hospitals and employs the doctors. We’ve all heard scare stories about how that works in practice; these...
by Dan Mitchell | May 17, 2017 | Blogs, Economics, Laffer Curve, Taxation
As far as I’m concerned, no sentient human being could look at what happened in the United States in the 1980s and not agree that high tax rates on upper-income taxpayers are foolish and self-destructive. Not only did the economy grow faster after Reagan lowered...
by Dan Mitchell | May 14, 2017 | Blogs, Economics, Free Market
There’s an election next month in the United Kingdom, though there’s not much political suspense. The Labour Party is led by Jeremy Corbyn, a crazed Bernie Sanders-style leftist, and British voters have no desire to become an Anglo-Saxon version of Venezuela. Or,...
