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...
by Dan Mitchell | Jun 18, 2013 | Blogs, Economics, Government Spending, Taxation
At the European Resource Bank conference earlier this month, Pierre Bessard from Switzerland’s Institut Liberal spoke on a panel investigating “The Link between the Weight of the State and Economic prosperity.” His presentation included two slides that definitely are...
by Dan Mitchell | Jun 17, 2013 | Big Government, Blogs, Economics, Government Spending, Taxation
I’m not reluctant to criticize my friends at the Heritage Foundation. In some cases, it is good-natured ribbing because of the Cato-Heritage softball rivalry, but there are also real policy disagreements. For instance, even though it is much better than current...
by Dan Mitchell | Jun 13, 2013 | Blogs, Tax Competition, Tax Havens, Taxation
It goes without saying that I’m always ready to defend tax havens when statists are seeking to undermine tax competition, financial privacy, and fiscal sovereignty. So when the BBC asked if I would debate the topic, I said yes even though I’m in Paris (where...
