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A Five-Picture Explanation of the Greek Mess

A Five-Picture Explanation of the Greek Mess

by Dan Mitchell | Jul 14, 2015 | Bailouts, Big Government, Blogs, Europe, Government Spending

I’ve shared lots of analysis (both serious and satirical) about the mess in Greece and I feel obliged to comment on the latest agreement for another bailout. But how many times can I write that the Greek government spends too much money and has a punitive tax system...

Haven’t the Greeks Suffered Enough?

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....

Lessons from China’s Stock Market Crash

by Dan Mitchell | Jul 11, 2015 | Big Government, Blogs, Economics, Free Market

When I first got to Washington in the mid-1980s, one of the big issues was the supposedly invincible Japanese economy. Folks on the left claimed that Japan was doing well because the government had considerable power to micro-manage the economy with industrial policy....
State Fiscal Rankings and Implications for Public Policy and the 2016 Presidential Race

State Fiscal Rankings and Implications for Public Policy and the 2016 Presidential Race

by Dan Mitchell | Jul 10, 2015 | Big Government, Blogs, Economics, Government Spending, States, Taxation

There’s an old saying that states are the laboratories of democracy. But since I’m a policy wonk, I focus more on the lessons we can learn from the states about public policy. Such as the importance of limiting the destructive nature of taxes. Such as the economic...
New Fiscal Report from European Commission Punctures Myth of “Savage” Austerity

New Fiscal Report from European Commission Punctures Myth of “Savage” Austerity

by Dan Mitchell | Jul 9, 2015 | Big Government, Blogs, Economics, Europe, Government Spending

The European Commission’s data-gathering bureaucracy, Eurostat, has just published a new report on government finances for the region. And with Greece’s ongoing fiscal turmoil getting headlines, this Eurostat publication is worthwhile because it debunks the notion,...
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