by Dan Mitchell | Dec 2, 2011 | Big Government, Blogs, Europe
I periodically write posts about “Great Moments” in government. These usually feature some absurd example of stupidity and incompetence that only is possible when the world’s least competent people have power to coerce. Examples include: EU rules banning the selling...
by Dan Mitchell | Nov 30, 2011 | Bailouts, Big Government, Blogs, Europe, Government Spending
In hopes of stopping investor panic about Europe’s fiscal crisis, the world’s major central banks just announced that they will do whatever is needed to ensure financial markets don’t freeze up. This could be an appropriate and relatively benign use of the...
by Dan Mitchell | Nov 27, 2011 | Big Government, Blogs, Economics, Government Spending
bout a year ago, I spoke at a conference in Europe that attracted a lot of very rich people from all over the continent, as well as a lot of people who manage money for high-net-worth individuals. What made this conference remarkable was not the presentations, though...
by Dan Mitchell | Nov 25, 2011 | Bailouts, Big Government, Blogs, Economics, Government Spending
The economic and fiscal crisis in Europe looks worse every day as a growing number of international investors decide that nations such as Greece, Portugal, Italy, and Spain can’t be trusted. As a result, interest rates on government debt are hitting record levels. Not...
by Dan Mitchell | Nov 21, 2011 | Bailouts, Blogs, Europe, Government Spending
As demonstrated by the new video from the Center for Freedom and Prosperity, there are five key lessons to learn from the fiscal crisis in Europe. Unfortunately, Europe’s despicable political class has not learned from their mistakes. They are not taking the simple...
