by Sven R. Larson | Oct 22, 2018 | Big Government, Blogs, Regulations
In the last few days, European media have boasted breaking news about the tax scandal of the century. A German journalist network is credited with uncovering gigantic “tax fraud” involving banks from several European countries, and at least one American...
by Dan Mitchell | Apr 15, 2018 | Blogs, Taxation
I’ve been in Prague the past few days for a meeting of the European Resource Bank. I spoke today about a relatively unknown international bureaucracy called the European Bank for Reconstruction and Development and I warned that it is going through a process of...
by Dan Mitchell | Aug 8, 2017 | Big Government, Blogs, Government Spending, Taxation
According to leftists like Bernie Sanders, European nations have wonderfully generous welfare states financed by high tax rates on the rich. They’re partly right. There are very large welfare states in Europe (though I wouldn’t use “wonderfully” and “generous” to...
by Dan Mitchell | Jun 25, 2017 | Blogs, Economics, Europe
I periodically share data showing that living standards are higher in the United States than in Europe. My goal isn’t to be jingoistic. Instead, I’m warning readers that we won’t be as prosperous if we copy our tax-and-spend friends on the other side of the Atlantic...
by Dan Mitchell | Mar 4, 2017 | Blogs, Economic Growth
As I peruse the news, I periodically see headlines that are misleading in some fashion. And if the headline is sufficiently off-key or bizarre, I feel compelled to grouse. A disappointingly inaccurate headline about the capital sinking into the sea. A grossly...