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Excessive Government Spending in Europe: Sowing the Seeds for another Fiscal Crisis

by Dan Mitchell | Oct 16, 2014 | Big Government, Blogs, Government Spending

Europe is in deep trouble. That’s an oversimplification, of course, since there are a handful of nations that seem to be moving in the right direction (or at least not moving rapidly in the wrong direction). But notwithstanding those exceptions, Europe in general...

Obama Is Right about the European Economy…But Doesn’t Grasp the Implications

by Dan Mitchell | Oct 4, 2014 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation

I’m not a big fan of Obamanomics. I don’t like the President’s class-warfare mentality on taxes. I don’t like his support for Keynesian spending policy. And I don’t like his costly expansions of government such as Obamacare. Indeed, I even like mocking his reflexive...

Slovenia: A Case Study of Missed Opportunities and Economic Decline

by Dan Mitchell | Sep 27, 2014 | Big Government, Blogs, Europe, Government Spending

I’m a big believer that real-world examples can teach us about the benefits of good fiscal policy (think Hong Kong, Estonia, Canada, and the U.S. under Reagan and Clinton) and the costs of bad fiscal policy (France, Cyprus, Greece, and the U.S. under Bush and Obama)....

European Politicians Love the Underground Economy…When It Means They Can Spend More Money

by Dan Mitchell | Jul 11, 2014 | Big Government, Blogs, Economics, Europe, Government Spending

Libertarians tend to like – or at least have a grudging respect for – the underground economy. For instance, even if we’re personally very straight-laced, we don’t like government prohibitions against gambling, drugs, and prostitution. This is why we’re not upset when...

Obama-Style Taxation Is Causing an Economic Train Wreck in Europe

by Dan Mitchell | Jun 18, 2014 | Blogs, Economics, Tax Competition, Taxation

I wrote the other day that Americans, regardless of all the bad policy we get from Washington, should be thankful we’re not stuck in a hellhole like Venezuela. But we also should be happy we’re not Europeans. This is a point I’ve made before, usually accompanied by...
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