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Will Europe’s Feckless Politicians Destroy the Euro?

by Dan Mitchell | Nov 21, 2011 | Bailouts, Blogs, Europe, Government Spending

As demonstrated by the new video from the Center for Freedom and Prosperity, there are five key lessons to learn from the fiscal crisis in Europe. Unfortunately, Europe’s despicable political class has not learned from their mistakes. They are not taking the simple...

Time to Shut Down the Department of Agriculture

by Dan Mitchell | Jun 24, 2011 | Big Government, Blogs, Government Spending, Government Waste

I have a confession to make: I have a hard time making up my mind. At times, I am overcome by indecision. To be more specific, I can’t figure out which department of the federal government should be shut down first. In the past, I’ve written about the squalid waste...

The DNC’s Utterly Dishonest “Let Detroit Go Bankrupt” Video

by Dan Mitchell | May 25, 2011 | Bailouts, Blogs

Here’s a video just released by those wonderful folks at the Democratic National Committee. It claims that the bad Republicans were wrong about the auto bailout because the companies are still in business and have paid back the money they confiscated from taxpayers....

Europe and Greece: Every Option Is on the Table…Except Doing the Right Thing

by Dan Mitchell | May 24, 2011 | Bailouts, Big Government, Blogs, Europe, Government Spending

eronique de Rugy of the Mercatus Center has a very good – but somewhat depressing – analysis of the fiscal crisis in Greece. She basically concludes that bailouts will continue because nobody in Europe is willing to do the right thing. This got me thinking about what...

This Cartoon Is Very Funny, but also Does a Great Job of Teaching Economics

by Dan Mitchell | Apr 18, 2011 | Blogs, Economics, Welfare and Entitlements

Economists often do a crummy job of teaching people about the impact of fiscal policy on the labor force, largely because we put people to sleep with boring discussions about “labor supply” decisions (my blog post from last year perhaps being an example of this...
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