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When Germany and France Both Agree on Something, You Can Safely Assume It Is a Terrible Idea

by Dan Mitchell | Aug 16, 2011 | Big Government, Blogs, Economics, Government Spending, Tax Competition, Tax Havens, Taxation

I’ve joked on many occasions that bipartisanship occurs in Washington when the evil party and the stupid party come up with an idea that is simultaneously malicious and misguided. The international version of two-wrongs-don’t-make-a-right occurs whenever the French...

Paul Krugman Meets E.T.

by Dan Mitchell | Aug 16, 2011 | Big Government, Blogs, Economics, Government Spending

I’ve poked fun at Paul Krugman for his views on health care and British fiscal policy, and I’ve semi-defended him about unemployment subsidies and housing bubbles. Now it’s time for some more mockery. Back in 2001, Paul Krugman received some much-deserved criticism...

The Futile Stupidity of Laws Against “Short Selling”

by Dan Mitchell | Aug 14, 2011 | Big Government, Blogs, Economics, Regulations

The governments of Spain, Italy, Belgium and (of course) France recently imposed 15-day bans on “short selling,” which means they are prohibiting people from making investments that would be profitable if certain stocks fall in value. According to the politicians, the...

The Two Obama Job Disasters

by Dan Mitchell | Aug 5, 2011 | Big Government, Blogs, Economics, Government Spending

We all know about the wretched failure of Obama’s stimulus, and we can update the chart showing that the joblessness rate is two-and-one-half percentage points higher than the White House claimed it would be at this point if we flushed $800 billion down the Washington...

Tax Warning: Will Barack Obama Do to America What Leftists Already Have Done to Illinois…and England…and…?

by Dan Mitchell | Aug 2, 2011 | Blogs, Economics, Laffer Curve, Tax Competition, Taxation

Now that the debt-limit fight is basically over (the Senate will join the House in approving it later today), we need to immediately prepare for the next stage in the fight to stop big government and restore economic liberty. President Obama and other leftists clearly...
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