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Tag Archives: Europe

Europe’s Fiscal Crisis Is Caused by too Much Government, and Deficits and Debt Are Merely Symptoms of that Problem

Europe’s Fiscal Crisis Is Caused by too Much Government, and Deficits and Debt Are Merely Symptoms of that Problem

I don’t expect a  good outcome to the European fiscal crisis, largely because nobody seems to understand that the real problem is excessive government spending. The economic illiterates in the… Read more »

Making Obama Seem Reasonable by Comparison, Merkel and Sarkozy Propose Higher Taxes to “Strengthen Growth Now”

Making Obama Seem Reasonable by Comparison, Merkel and Sarkozy Propose Higher Taxes to “Strengthen Growth Now”

The German Chancellor and French President have put together a plan to boost growth. Sounds like a good goal, but what specifically are they proposing? Some of the obvious ideas… Read more »

Illinois Downgrade Provides More Evidence that Higher Taxes Make Fiscal Problems Worse, not Better

Illinois Downgrade Provides More Evidence that Higher Taxes Make Fiscal Problems Worse, not Better

I don’t blame the Democrats for wanting to seduce Republicans into a tax-increase trap. Indeed, I completely understand why some Democrats said their top political goal was getting the GOP… Read more »

A Futile Economics Lesson for France’s Politicians

A Futile Economics Lesson for France’s Politicians

I realize this is about as productive as talking to a brick wall, but I’m going to explain some basic economics to statist French policymakers (oops, pardon the redundancy). This… Read more »

Spain’s New Government Has Already Betrayed Taxpayers

Spain’s New Government Has Already Betrayed Taxpayers

Late last year, Spanish voters kicked out a socialist government and elected a new government led by the supposedly conservative People’s Party. Is that translating into smaller government and more… Read more »

The Long-Awaited Dan Mitchell 2012 Predictions

The Long-Awaited Dan Mitchell 2012 Predictions

Last January, I identified five things that worried me for 2011. Here’s what had me concerned, along with some ex post facto analysis about whether I was right to fret:… Read more »

An In-Your-Face Smackdown of Europe’s Bureaucratic Empire

An In-Your-Face Smackdown of Europe’s Bureaucratic Empire

I’m not a big fan of the European bureaucracy. Indeed, I was semi-serious when I stated that Brussels was the “most statist place on the planet.” Which is why I… Read more »

European Fiscal Agreements Show that Balanced Budget Rules Mean Higher Taxes, not Smaller Government

European Fiscal Agreements Show that Balanced Budget Rules Mean Higher Taxes, not Smaller Government

I have many frustrations in my life, and near the top of the list is the conservative fixation about balancing the budget. This view is very misguided. Red ink isn’t… Read more »

Der Führer Ist Nicht Happy about the Downgrade

Der Führer Ist Nicht Happy about the Downgrade

I’ve written a couple of serious posts about the European fiscal crisis, including an explanation of how the problem could be solved and one about the importance of gun ownership… Read more »

European Central Bank Research Shows that Government Spending Undermines Economic Performance

European Central Bank Research Shows that Government Spending Undermines Economic Performance

Europe is in the midst of a fiscal crisis caused by too much government spending, yet many of the continent’s politicians want the European Central Bank to purchase the dodgy… Read more »