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Tag Archives: Europe

Siding with the Heritage Foundation in the “Austerity” Fight with Paul Krugman and the Washington Post

Siding with the Heritage Foundation in the “Austerity” Fight with Paul Krugman and the Washington Post

I’m not reluctant to criticize my friends at the Heritage Foundation. In some cases, it is good-natured ribbing because of the Cato-Heritage softball rivalry, but there are also real policy… Read more »

Defending Tax Havens

Defending Tax Havens

It goes without saying that I’m always ready to defend tax havens when statists are seeking to undermine tax competition, financial privacy, and fiscal sovereignty. So when the BBC asked… Read more »

Let’s Hope for Heavy Casualties on Both Sides in the War Between the IMF and European Commission

Let’s Hope for Heavy Casualties on Both Sides in the War Between the IMF and European Commission

It is reported that Henry Kissinger, commenting on the Iran-Iraq war, said something to the effect that, “Too bad both sides can’t lose.” I imagine lots of people felt the… Read more »

Discussing Europe’s Faux Austerity with John Stossel

Discussing Europe’s Faux Austerity with John Stossel

I want a smaller burden of government spending, so you can only imagine how frustrating it is for me to observe the fight in Europe. On one side of the… Read more »

Following in Geithner’s Footsteps, Treasury Secretary Lew Urges Bad Fiscal Policy in other Nations

Following in Geithner’s Footsteps, Treasury Secretary Lew Urges Bad Fiscal Policy in other Nations

Political insiders remember Tim Geithner for his role in promoting the bailout culture and crony capitalism in Washington. Comedians remember him for the laughable hypocrisy of urging higher taxes for… Read more »

Huge Value-Added Tax Increases in Europe Show Why Washington Politicians Should Never Be Given a New Source of Tax Revenue

Huge Value-Added Tax Increases in Europe Show Why Washington Politicians Should Never Be Given a New Source of Tax Revenue

The most important, powerful, and relevant argument against the value-added tax in the short run is that we can balance the budget in just five years by capping spending so… Read more »

Where Are the European Spending Cuts?

Where Are the European Spending Cuts?

Paul Krugman recently tried to declare victory for Keynesian economics over so-called austerity, but all he really accomplished was to show that tax-financed government spending is bad for prosperity. More… Read more »

Debunking Krugman’s European Austerity Narrative

Debunking Krugman’s European Austerity Narrative

Statists are in a tough position. For years, they’ve been saying the United States should be more like Europe. And, as shown in these very funny cartoons by Michael Ramirez… Read more »

Will Growing Dependency and Erosion of Social Capital Turn America into Europe?

Will Growing Dependency and Erosion of Social Capital Turn America into Europe?

One of my favorite political cartoons is this Michael Ramirez gem showing President Obama following the European lemmings over the cliff of statism. But this isn’t a laughing matter. As… Read more »

Has the European Fiscal Crisis Ended?

Has the European Fiscal Crisis Ended?

I’ve frequently commented on Europe’s fiscal mess and argued that excessive government spending is responsible for both the sovereign debt crisis and the economic stagnation that plagues the continent. But… Read more »