by Dan Mitchell | Jul 12, 2015 | Bailouts, Big Government, Blogs, Economics, Government Spending
I very rarely feel sympathy for the people of Greece. Indeed, events over the past five years have even led me to write that “I hate the Greeks.” I also disparaged the people of Greece by stating on TV that they’ve beentrying to loot and mooch their way through life....
by Dan Mitchell | Jun 27, 2015 | Bailouts, Big Government, Blogs, Economics, Regulations
When debating and discussing the 2008 financial crisis, there are two big questions. And the answers to these questions are important because the wrong “narrative” could lead to decades of bad policy (much as a mistaken narrative about the Great Depression enabled bad...
by Dan Mitchell | Jun 9, 2015 | Bailouts, Blogs, Economics
I wrote in May 2011 that the situation in Greece was hopeless because nobody with power and/or influence wanted the right policy. So I wasn’t bashful about patting myself on the back later that year when it quickly became obvious that bailouts weren’t working. Ever...
by Dan Mitchell | Feb 18, 2015 | Bailouts, Big Government, Blogs, Economics, Government Spending
There’s a big fiscal battle happening in Europe. The relatively new Greek government is demanding continued handouts from the rest of Europe, but it wants to renege on at least some of the country’s prior commitments to improve economic performance by reducing the...
by Dan Mitchell | Sep 10, 2014 | Bailouts, Big Government, Blogs
I periodically try to explain that there’s a big difference between being pro-market and pro-business. Simply stated, policy makers shouldn’t try to penalize businesses with taxes,mandates, and regulations. But neither should politicians seek to subsidize...
