by Dan Mitchell | May 27, 2012 | Big Government, Blogs, Economics, Europe, Government Spending
Guido Westerwelle is supposed to be the German version of a libertarian. Currently serving as Foreign Minister, he was the chairman of the supposedly pro-market Free Democratic Party for 10 years and Wikipedia says he was known as a “proponent of an unlimited free...
by Dan Mitchell | May 26, 2012 | Big Government, Blogs, Economics, Laffer Curve, Taxation
I’ve mocked France on several occasions, and I thought Sarkozy was so bad that I figured (in the long run) the election of Hollande was a step in the right direction. But in certain ways, France isn’t as bad as the United States. The New York Times has a big story...
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...
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...
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...
