by Dan Mitchell | Jul 16, 2012 | Big Government, Blogs, Government Spending, Taxation
I realize it’s a bold assertion, but the $100 million that American taxpayers send to Paris every year to subsidize the Organization for Economic Cooperation and Development is – on a per-dollar basis – the most destructively wasteful part in the federal budget. This...
by Dan Mitchell | Jul 15, 2012 | Big Government, Blogs, Economic Growth, Government Spending
I’m in Vilnius, Lithuania, where I just finished speaking to a regional conference of the European Students for Liberty. I subjected the kids to more than 90 minutes of pontificating and 73 PowerPoint slides, but I could have saved them a lot of time if I simply...
by Dan Mitchell | Jul 12, 2012 | Big Government, Blogs, Economics, Free Market, Welfare and Entitlements
Last month, I exposed some major errors that Paul Krugman committed when he criticized Estonia for restraining the burden of government spending. My analysis will be helpful since I am now in Estonia for a speech about economic reform, and I wrote a column that was...
by Dan Mitchell | Jul 7, 2012 | Big Government, Blogs, Government Spending
Regular readers know about Mitchell’s Golden Rule, which is the simple – but essential – notion that the burden of government spending shouldn’t grow faster than the private sector. Well, after reading this utterly depressing news about how the number of people riding...
by Dan Mitchell | Jul 5, 2012 | Big Government, Blogs, Europe, Government Spending
With all the fiscal troubles in Greece, Spain, Ireland, Portugal, and Italy, there’s not much attention being paid to Cyprus. But the Mediterranean island nation is a good case study illustrating the economic dangers of big government. For all intents and purposes,...
