by Dan Mitchell | Jun 11, 2013 | Big Government, Blogs, Economics, Europe, Government Spending, Keynesian, Taxation
It is reported that Henry Kissinger, commenting on the Iran-Iraq war, said something to the effect that, “Too bad both sides can’t lose.” I imagine lots of people felt the same way when two of the world’s worst murderers, Hitler and Stalin, went to war in 1941. I have...
by Dan Mitchell | Jun 1, 2013 | Big Government, Blogs, Economics, Government Spending, Keynesian, Taxation
I want a smaller burden of government spending, so you can only imagine how frustrating it is for me to observe the fight in Europe. On one side of the debate you have pro-spenders, who call themselves “growth” advocates, but are really just Keynesians. On the other...
by Dan Mitchell | Apr 15, 2013 | Bailouts, Blogs, Europe
Did Cyprus become an economic basket case because it is a tax haven, as some leftists have implied? Did it get in trouble because the government overspent, which I have suggested? The answers to those questions are “no” and “to some degree.” The real problem, as I...
by Dan Mitchell | Apr 5, 2013 | Big Government, Blogs, Government Spending
It’s been more than three weeks since I targeted French fiscal policy for abuse and more than one week since I wrote something negative about the French fiscal system. I must be slowing down as I get older, so it’s time of rectify this oversight. My fundamental...
by Dan Mitchell | Jan 12, 2013 | Big Government, Blogs, Economics
I’ve frequently commented on Europe’s fiscal mess and argued that excessive government spending is responsible for both the sovereign debt crisis and the economic stagnation that plagues the continent. But it does seem that things have calmed down, so the readers who...
