by Dan Mitchell | Oct 26, 2022 | Big Government, Blogs, Europe, Government Spending, Taxation
I discussed Italy’s looming fiscal crisis on Monday and then argued against a potential bailout on Tuesday. Today, let’s focus on the rest of Europe. I gave a presentation yesterday in Brussels about “Public Finances in the Eurozone” and used the...
by Dan Mitchell | Oct 25, 2022 | Big Government, Blogs, Europe, Government Spending
I wrote yesterday to speculate about a possible fiscal crisis in Italy. Today, here are my thoughts on why there should not be a bailout if/when a crisis occurs. I have moral objections to bailouts, but let’s focus in this column on the practical impact. And let’s...
by Dan Mitchell | Oct 24, 2022 | Blogs, Europe
I’m in Europe to give a couple of speeches about fiscal policy, so I’m going to spend all week commenting on the continent’s (mostly miserable) fiscal policy. Let’s start with comments about Italy, the nation most likely to suffer a crisis. Normally, I tell...
by Dan Mitchell | Oct 22, 2022 | Blogs, Tax Havens, Taxation
Most people don’t know how to define a “tax haven,” but we assume places with no income tax are on the list. And there’s a lot to admire when looking at jurisdictions such as Bermuda, Monaco, and the Cayman Islands. But what if we want to...
by Dan Mitchell | Oct 21, 2022 | Big Government, Blogs, Government Spending
Domestic programs are the main reason that the burden of government spending is expanding, with so-called entitlement outlays deserving the lion’s share of the blame. But this does not mean that advocates of limited government should give the...
