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...
by Dan Mitchell | Jun 28, 2013 | Bailouts, Blogs, Europe
The European Union has basically made the right decision on how to deal with insolvent banks. Here are some details from the EU Observer. Bank shareholders and creditors will be first in line to suffer losses if their bank gets into difficulties, according to draft...
by Dan Mitchell | Jun 19, 2013 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation
In my never-ending crusade to push for the right kind of austerity, I appeared on RT to pontificate on the merits of limited government. We got to cover a lot of material, so here’s some augmenting material. 1. The right kind of “austerity” is less government...
