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Lucky French Taxpayers: All Hail Francois the Merciful!

by Dan Mitchell | Sep 22, 2012 | Big Government, Blogs, Europe, Taxation

I realize it’s wrong, but I can’t help cheering for France’s socialist president. Francois Hollande seems determined to raise every tax, expand every program, and augment every bit of red tape that afflicts the French economy. I fully expect this to end poorly, but at...

The French Version of Atlas Shrugged

by Dan Mitchell | Sep 13, 2012 | Blogs, Europe, Tax Competition, Taxation

Ayn Rand’s famous novel, Atlas Shrugged, tells the story of what happens when society’s most productive people go on strike because they don’t want to subsidize the looters and moochers. I won’t give away the plot, but one interesting twist in the story is when...

The Crazy French Double Down on Obamanomics

by Dan Mitchell | Jun 27, 2012 | Big Government, Blogs, Europe, Taxation

Being a libertarian, I’m used to disappointment. So when something actually goes according to plan, I get very happy. On that basis, I should be utterly and deliriously overjoyed about my endorsement of Francois Hollande to be President of France.  I wanted him to...

Europe’s Self-Inflicted Decline: French Taxing, Italian Regulating, Greek Mooching, and IMF Economic Illiteracy

by Dan Mitchell | Jun 22, 2012 | Blogs, Economics, Europe, Laffer Curve

Every day brings more and more evidence that Obamanomics is failing in Europe.  I wrote some “Observations on the European Farce” last week, but the news this morning is even more surreal. Let’s start with France, where I endorsed the explicit socialist over the...

What Does It Mean When Obama and His Former Top Economist both Reject Obamanomics?

by Dan Mitchell | Jun 19, 2012 | Big Government, Blogs, Government Spending, Taxation

To answer the question in the title, it means you need to read the fine print. This is because we have a president who thinks the government shouldn’t confiscate more than 20 percent of a company’s income, but he only gives that advice when he’s in Ghana. And the same...
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