by Dan Mitchell | Aug 4, 2011 | Big Government, Blogs, Government Spending, Tax Harmonization, Taxation
If Jimmy Carter and Barack Obama are neck-and-neck competitors in the contest to be the public face of incompetent statism in America, then the competition in Europe is between Herman van Rompuy and Olga Stefou. But since I’ve already crowned Ms. Stefou as the Queen...
by Dan Mitchell | May 28, 2011 | Big Government, Blogs, Government Spending, Taxation
It’s not often that I am unenthusiastic about the possibility of a nation reducing its corporate tax rate. But when the country is doing the right thing for the wrong reason, I hope that feelings of ambivalence are understandable. In this case, some Irish politicians...
by Dan Mitchell | May 9, 2011 | Blogs, Europe
You probably didn’t realize that May 9th was Europe Day. Yes indeed, this is the day that you celebrate European unity, at least according to the bureaucrats of the European Union, who get to celebrate every day since they unify themselves with the tax dollars of...
by Dan Mitchell | Jan 8, 2011 | Big Government, Blogs
Why hasn’t Europe fought World War III? Could it be because the Soviet Union eventually collapsed? Could it be that the NATO, the western military alliance, was effective? Could it be the mutually assured destruction kept the peace? Could it be that America’s...
by Dan Mitchell | Jan 5, 2011 | Bailouts, Big Government, Blogs, Government Spending, Monetary Policy
The news is going from bad to worse for Ireland. The Irish Independent is reporting that the Swiss Central Bank no longer will accept Irish government bonds as collateral. The story also notes that one of the world’s largest bond firms, PIMCO, is no longer purchasing...
