by Dan Mitchell | May 24, 2016 | Big Government, Blogs, Government Spending, Taxation
Much of my work on fiscal policy is focused on educating audiences about the long-run benefits of small government and modest taxation. But what about the short-run issue of how to deal with a fiscal crisis? I have periodically weighed in on this topic, citing...
by Dan Mitchell | Apr 15, 2013 | Bailouts, Blogs, Europe
Did Cyprus become an economic basket case because it is a tax haven, as some leftists have implied? Did it get in trouble because the government overspent, which I have suggested? The answers to those questions are “no” and “to some degree.” The real problem, as I...
by Brian Garst | Mar 28, 2013 | Opinion and Commentary
This article appeared in PolicyMic on March 28, 2013. Another country has dug itself into a hole, and with a banking crisis on its hands tiny Cyprus finds itself garnering out-sized attention. Here are two key lessons for the United States and the rest of the world....
by Dan Mitchell | Mar 18, 2013 | Bailouts, Blogs, Europe
It doesn’t create a lot of confidence in Europe that tiny little Cyprus, with a GDP less than Vermont, is now causing immense turmoil. Though to be more accurate, events in Cyprus aren’t causing turmoil as much as they’re causing people to examine both government...
by Dan Mitchell | Mar 8, 2013 | Big Government, Blogs, Government Spending, Taxation
Here are three common-sense principles. Higher taxes are misguided. They undermine prosperity and finance bigger government. Bailouts also are misguided. They facilitate corruption and encourage moral hazard. And international bureaucracies are misguided. They promote...
