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New Study from U.K. Think Tank Shows How Big Government Undermines Prosperity

by Dan Mitchell | May 25, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation

It seems I was put on the planet to educate people about the negative economic impact of excessive government. Though I must be doing a bad job because the burden of the public sector keeps rising. But hope springs eternal. To help make the case, I’ve cited research...

In the Lake Wobegon Fantasy World, all Investments Make Money

by Dan Mitchell | May 23, 2012 | Blogs, Economics, Free Market

I sometimes wonder whether journalists have the slightest idea of how capitalism works. In recent weeks, we’ve seen breathless reporting on the $2 billion loss at JP Morgan Chase, and now there’s a big kerfuffle about the falling value of Facebook stock. In response...

A Rare Bit of Good News from Europe

by Dan Mitchell | May 21, 2012 | Blogs, Economics, Financial Privacy, Tax Competition, Taxation

It seems that there’s nothing but bad news coming from Europe. Whether we’re talking about fake austerity in the United Kingdom, confiscatory tax schemes in France, or bailouts in Greece, the continent seems to be a case study of failed statism. But that’s not...

Doubling Down on Failure: Former Obama Official Calls for U.S.-Financed Keynesian Spending Binge in Europe

by Dan Mitchell | May 1, 2012 | Big Government, Blogs, Economics, Keynesian

There’s an old saying that insanity is doing the same thing over and over again while expecting different results. This certainly is a good description of Keynesians, who relentlessly push more government spending as some sort of magic potion for the economy –...

Miracles Do Happen: Someone in Brussels Accurately Analyzes Europe’s Fiscal Crisis!

by Dan Mitchell | Apr 24, 2012 | Big Government, Blogs, Economics, Europe, Government Spending

With the exception of a few top-notch thinkers such as Pierre Bessard and Allister Heath, there are very few people in Europe who can intelligently analyze public policy, particularly with regard to fiscal issues. I don’t know if Fredrik Erixon of the Brussels-based...
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