by Dan Mitchell | Oct 28, 2011 | Bailouts, Big Government, Blogs, Europe
The Europeans have just agreed to another bailout for Greece. That’s the bad news. The good news is…well, there is no good news. Sarkozy, Merkel, and the other statists have once again failed to do the right thing and instead have decided to throw good money after bad...
by Dan Mitchell | Oct 20, 2011 | Bailouts, Big Government, Blogs, Europe
I would have structured this flowchart differently, for reasons I discuss in this post, but this is pretty good picture of why Europe is in trouble. They say all roads lead to Rome, and this flowchart shows all roads lead to a banking crisis (see this post to...
by Dan Mitchell | Oct 17, 2011 | Bailouts, Blogs
After any news appearance, I torment myself by watching the clip and telling myself I should have said something differently or raised a different point. But I’m actually happy with this appearance on Fox Business News because I (hopefully) explained the difference...
by Dan Mitchell | Oct 17, 2011 | Bailouts, Big Government, Blogs, Economics, Government Spending
The welfare states of Europe are in deep trouble. Decades of over-taxing and over-spending have sapped economic vitality and produced high levels of debt. The high debt levels, by themselves, might not be a problem if European governments implemented good policy....
by Dan Mitchell | Oct 11, 2011 | Bailouts, Blogs
I’m routinely critical of politicians, even the “good” ones that say they want to limit government and promote freedom. But I think I’ve found a lawmaker who is worthy of strong praise. Unfortunately, he’s not in America. He is Richard Sulik, the head of the Slovakian...
