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European Fiscal Crisis, Round 2?

European Fiscal Crisis, Round 2?

by Dan Mitchell | Mar 26, 2020 | Bailouts, Big Government, Blogs, Europe

I’m not an optimist about Europe’s economic future. Most nations have excessive welfare states and punitive taxes, which is hardly good news. You then have to consider demographic trends such as aging populations (i.e., more people relying on government) and falling...
Coronavirus and the Seventh Theorem of Government

Coronavirus and the Seventh Theorem of Government

by Dan Mitchell | Mar 23, 2020 | Big Government, Blogs

I wrote yesterday how cumbersome bureaucracies and foolish regulations have hindered an effective response to the coronavirus. This isn’t because governments are run by bad people. Some of them probably are that way, of course, but the real problem is that politicians...
Coronavirus and Big Government

Coronavirus and Big Government

by Dan Mitchell | Mar 22, 2020 | Big Government, Blogs, Health Care, Regulations

When the current health crisis heated up, I wrote a column on “Government, Coronavirus, and Libertarianism” and made four simple points. Libertarians believe government should protect life, liberty, and property Libertarians correctly warn that a big sprawling federal...
If the “Cost of Thriving” Is Going Up, It’s Because Government Is Getting Bigger

If the “Cost of Thriving” Is Going Up, It’s Because Government Is Getting Bigger

by Dan Mitchell | Feb 27, 2020 | Big Government, Blogs

The most obvious threat to free enterprise is Bernie Sanders, though other prominent leftists are giving “Crazy Bernie” plenty of competition. But I sometimes wonder whether the more tangible threat to capitalism comes from self-described conservatives who say they...
If Finland Is a Role Model for Bernie Sanders, Middle-Income Taxpayers Won’t Be Happy

If Finland Is a Role Model for Bernie Sanders, Middle-Income Taxpayers Won’t Be Happy

by Dan Mitchell | Feb 3, 2020 | Big Government, Blogs, Taxation, Welfare and Entitlements

Assuming he was able to impose his policy agenda, I think Bernie Sanders – at best – would turn America into Greece. In more pessimistic moments, I fear he would turn the U.S. into Venezuela. The Vermont Senator and his supporters say that’s wrong and that the real...
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