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Don’t Blame Ireland’s Mess on Low Corporate Tax Rates

by Dan Mitchell | Nov 18, 2010 | Bailouts, Big Government, Blogs, Economics, Government Spending

Ireland is in deep fiscal trouble and the Germans and the French apparently want the politicians in Dublin to increase the nation’s 12.5 percent corporate tax rate as the price for being bailed out. This is almost certainly the cause of considerable smugness and joy...

Would You Rather Your Country Grow like France or Hong Kong?

by Dan Mitchell | Oct 31, 2010 | Blogs, Economic Growth, Free Market

A paper posted on the Social Science Research Network looks at nations that are prospering compared to those that are stagnating. Not surprisingly, limited government and free enterprise policies are associated with better economic performance. Here’s an excerpt from...

France Increases Retirement Age to 62, Solves 1.94 Percent of Its Fiscal Problem

by Dan Mitchell | Oct 23, 2010 | Big Government, Blogs, Welfare and Entitlements

I’m just making up the 1.94 percent number, but the International Herald Tribune reported last year that unfunded liabilities in France are nearly 550 percent of GDP. The news reports don’t include any estimates of what Sarkozy’s reform will mean, but I would be...

French Workers Protest against Reality

by Dan Mitchell | Sep 9, 2010 | Big Government, Blogs, Economics

I sometimes joke that the French are the world’s most statist people. I have no idea if that is actually true, but the latest protests in France certainly are a good piece of evidence. French workers (especially government bureaucrats) are protesting a plan to...

Maybe the French Aren’t So Bad After All

by Dan Mitchell | Jul 12, 2010 | Big Government, Blogs, Europe

I like poking fun at French politicians for being hopeless statists, and I always assumed that French voters shared their collectivist sympathies. But according to new polling data reported by the Financial Times, there may be a Tea Party revolt brewing in France....
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