by Dan Mitchell | Jul 17, 2015 | Big Government, Blogs, Economics, Europe, Government Spending
I suggested a couple of months ago that the economic turmoil in Greece and Venezuela is somewhat akin to a real-life version of Atlas Shrugged. And I’ve also used that analogy when writing about France and Detroit. But I’m probably not doing justice to Ayn Rand’s...
by Dan Mitchell | Jul 14, 2015 | Bailouts, Big Government, Blogs, Europe, Government Spending
I’ve shared lots of analysis (both serious and satirical) about the mess in Greece and I feel obliged to comment on the latest agreement for another bailout. But how many times can I write that the Greek government spends too much money and has a punitive tax system...
by Dan Mitchell | Jul 12, 2015 | Bailouts, Big Government, Blogs, Economics, Government Spending
I very rarely feel sympathy for the people of Greece. Indeed, events over the past five years have even led me to write that “I hate the Greeks.” I also disparaged the people of Greece by stating on TV that they’ve beentrying to loot and mooch their way through life....
by Dan Mitchell | Jul 10, 2015 | Big Government, Blogs, Economics, Government Spending, States, Taxation
There’s an old saying that states are the laboratories of democracy. But since I’m a policy wonk, I focus more on the lessons we can learn from the states about public policy. Such as the importance of limiting the destructive nature of taxes. Such as the economic...
by Dan Mitchell | Jul 9, 2015 | Big Government, Blogs, Economics, Europe, Government Spending
The European Commission’s data-gathering bureaucracy, Eurostat, has just published a new report on government finances for the region. And with Greece’s ongoing fiscal turmoil getting headlines, this Eurostat publication is worthwhile because it debunks the notion,...