by Dan Mitchell | Jan 22, 2012 | Big Government, Blogs, Government Spending
I don’t expect a good outcome to the European fiscal crisis, largely because nobody seems to understand that the real problem is excessive government spending. The economic illiterates in the press sometimes say the fight in Europe is between austerity and...
by Dan Mitchell | Jan 3, 2012 | Big Government, Blogs, Taxation
Late last year, Spanish voters kicked out a socialist government and elected a new government led by the supposedly conservative People’s Party. Is that translating into smaller government and more freedom? Doesn’t look that way. It seems that Spanish right-of-center...
by Dan Mitchell | Jan 1, 2012 | Blogs, Economics, Europe
Last January, I identified five things that worried me for 2011. Here’s what had me concerned, along with some ex post facto analysis about whether I was right to fret: 1. A back-door bailout of the states from the Federal Reserve – Thankfully, I was way off base with...
by Dan Mitchell | Dec 21, 2011 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation
I have many frustrations in my life, and near the top of the list is the conservative fixation about balancing the budget. This view is very misguided. Red ink isn’t good, but the fiscal problem in America (as well as Europe, Japan, etc) is that the public sector is...
by Dan Mitchell | Dec 18, 2011 | Blogs, Europe
I’ve written a couple of serious posts about the European fiscal crisis, including an explanation of how the problem could be solved and one about the importance of gun ownership in case the pessimists are right and civil society collapses. But something funny would...
