by Dan Mitchell | Jan 24, 2025 | Big Government, Blogs, Economics, Welfare and Entitlements
Back in 2019, I compared OECD nations based on the total burden of social welfare spending as a share of economic output. France was the worst of the worst, unsurprisingly, followed by Finland and Belgium. That column also differentiated by types of...
by Dan Mitchell | Nov 4, 2024 | Big Government, Blogs, Education, Health Care, Welfare and Entitlements
To augment my four-part series on the economics of government spending, here’s a video from Prager University explaining how big government doesn’t work. The video, narrated by Professor Joshua6 Rauh of Stanford, highlights three major types of spending and...
by Dan Mitchell | Sep 3, 2024 | Big Government, Blogs, Welfare and Entitlements
In my two-part series on how best to reduce poverty (see here and here), I argued that the goal should be to help poor people climb the economic ladder, not to make indolence a comfortable way of life. Unfortunately, many Republicans and Democrats...
by Dan Mitchell | May 27, 2024 | Big Government, Blogs, Welfare and Entitlements
I released my First Theorem of Government in 2015 and today I’m going to unveil the 17th iteration in the series. But I’ll confess upfront that I’m doing a bit of recycling. My latest Theorem is very similar to something I shared back in 2014. I...
by Dan Mitchell | Apr 13, 2024 | Big Government, Blogs, Welfare and Entitlements
As part of my everything-you-need-to-know series, I shared an incomprehensible flowchart showing the ridiculous maze of federal welfare programs back in 2015. Today, let’s look at another visual that captures what’s wrong with the Washington welfare...