by Dan Mitchell | May 4, 2010 | Big Government, Blogs, Uncategorized
Russ Roberts of George Mason University has written a very good article for the Mercatus Center explaining – for economists and non-economists – how government intervention created distortions in the housing and finance sectors. He also blames Wall Street,...
by Dan Mitchell | Apr 30, 2010 | Big Government, Blogs, Taxation, Uncategorized
The politicians are urging big taxes on banks, using rhetoric designed to trick people into thinking that this is a way to make the banks pay for their own bailouts. But a general tax on all banks simply means that well-run banks subsidize the reckless banks – a...
by Dan Mitchell | Apr 29, 2010 | Big Government, Blogs, Europe, Taxation
I get a lot of email asking me about Greece, especially since I don’t give the issue much attention on the blog. I am paying close attention to what’s happening, especially since Greece is a canary in the coal mine. But I generally try to avoid being...
by Dan Mitchell | Apr 29, 2010 | Big Government, Blogs
Any company that steals money from taxpayers is despicable, but General Motors is especially reprehensible for dishonesty. Taking money from the left pockets of taxpayers and putting it in our right pockets is not a repayment, as explained by Shikha Dalmia in a column...
by Dan Mitchell | Mar 17, 2010 | Big Government, Blogs, Europe, Uncategorized
According to Financial Times report the politicians in Paris and Berlin want to set up some sort of European Monetary Fund to help bail out Greece and other profligate European nations. This is good news in the short run for American taxpayers since it is less likely...
