by Dan Mitchell | Apr 12, 2019 | Blogs, Economics, Europe
Thanks to the glorious miracle of capitalism, I’m writing this column 36,000 feet above the Atlantic Ocean. I’m on my way back from Europe, where I ground through about a dozen presentations as part of a swing through 10 countries. Most of my speeches were about the...
by Dan Mitchell | Jan 16, 2019 | Blogs, Europe, Taxation
There’s a very strong economic argument for Brexit which is partly based on an independent United Kingdom having more leeway to adopt pro-market policies. This case for Brexit is also based – indeed, primarily based – on the fact that the European Union is a slowly...
by Dan Mitchell | Oct 26, 2018 | Big Government, Blogs, Economics
I’ve warned many times that Italy is the next Greece. Simply stated, there’s a perfect storm of bad news. Government is far too big, debt is too high, and the economy is too sclerotic. I’ve always assumed that the country would suffer a full-blown fiscal crisis when...
by Dan Mitchell | Jul 21, 2018 | Big Government, Blogs, Taxation
When I argue against tax increases, I generally rely on two compelling points. Higher taxes will undermine prosperity by penalizing productive behavior. More money for politicians will trigger more spending, so red ink will increase. When I argue against...
by Dan Mitchell | Apr 5, 2017 | Blogs, Economics, Minimum Wage
The real world is like a cold shower for our friends on the left. Everywhere they look, there is evidence that jurisdictions with free markets and small government outperform places with big welfare states and lots of intervention. That’s true when comparing nations....
