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...
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...
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...
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...
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...