by Dan Mitchell | Aug 27, 2013 | Blogs, Europe, Taxation
I’m not a big fan of the European Commission. For those not familiar with this entity, it’s sort of the European version of the executive-branch bureaucracy we have in Washington. And like their counterparts in Washington, the Brussels-based bureaucracy enjoys a very...
by Dan Mitchell | Aug 21, 2013 | Big Government, Blogs, Government Spending
As illustrated by this chart, economists are lousy forecasters. To be more specific, economists are no better than fortune tellers when trying to make short-run macroeconomic forecasts. Heck, if we actually knew what was going to happen over the next 12 months, we’d...
by Dan Mitchell | Aug 15, 2013 | Blogs, Economics, Europe
The United States is suffering through the weakest economic expansion since the Great Depression, which is a damning indictment of Obamanomics. But that doesn’t mean the United States has the world’s worst-performing economy. Japan’s statist economy has been mired in...
by Dan Mitchell | Aug 3, 2013 | Blogs, Europe, Society
When I’m in Europe giving speeches and participating in conferences, it’s quite common that folks on the left will attempt to discredit my views by asserting that Americans are selfish and greedy. Since I’m generally sympathetic to Ayn Rand’s writings, I don’t see...
by Dan Mitchell | Jun 29, 2013 | Big Government, Blogs, Europe, Government Spending
The late, great Margaret Thatcher famously said that “Socialist governments…always run out of other people’s money” and “I love the smell of napalm in the morning” is an iconic line from Apocalypse Now. Thinking about the fiscal mess in Europe, I’m going to combine...
