by Sven R. Larson | Nov 9, 2018 | Blogs, Tax Competition, Taxation
I recently explained that the so-called tax scandal of the century really was nothing more than the expectable consequences of bad government regulations and unbearable taxes. While media keeps their spotlight on this non-event, a real European tax scandal is...
by Dan Mitchell | Nov 6, 2018 | Blogs, Economics
The theory of “economic convergence” is based on the notion that poor nations should grow faster than rich nations and eventually achieve the same level of development. This theory is quite reasonable, but I’ve pointed out that decent public policy (i.e., free markets...
by Dan Mitchell | Oct 26, 2018 | Big Government, Blogs, Economics
I’ve warned many times that Italy is the next Greece. Simply stated, there’s a perfect storm of bad news. Government is far too big, debt is too high, and the economy is too sclerotic. I’ve always assumed that the country would suffer a full-blown fiscal crisis when...
by Dan Mitchell | Jul 17, 2018 | Blogs, Europe
If you look at the top of your screen on my home page, you’ll notice that I have a collection of special pages such as the Bureaucrat Hall of Fame and examples of what happens when you mix government and sex. I’m thinking of creating a new page, but I need a pithy way...
by Dan Mitchell | Apr 27, 2018 | Big Government, Blogs, Europe
Because of their aggressive support for bigger government, my least-favorite international bureaucracies are the International Monetary Fund and the Organization for Economic Cooperation and Development. But I’m increasingly displeased by the European Bank for...