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Greece, Germany, and a Real-World Version of Atlas Shrugged

Greece, Germany, and a Real-World Version of Atlas Shrugged

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...
A Five-Picture Explanation of the Greek Mess

A Five-Picture Explanation of the Greek Mess

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...

Haven’t the Greeks Suffered Enough?

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....

Alternative Currencies Such as Bitcoin Are a Valuable Insurance Policy against Feckless Government

by Dan Mitchell | Jul 5, 2015 | Big Government, Blogs, Economics, Monetary Policy, Regulations

I appreciate tax havens for many reasons, mostly having to do with the importance of having some sort of external constraint on the tendency of politicians to over-tax and over-spend. But I also like these low-tax jurisdictions for non-tax reasons. And high on my list...
Greece, Germany, and a Real-World Version of Atlas Shrugged

Why Is the Rest of the World Subsidizing Suicidal Fiscal Policy in Greece?!?

by Dan Mitchell | Jun 25, 2015 | Big Government, Blogs, Government Spending, Taxation

I detest writing about Greece. I suggested back in 2010 that the best outcome was default, which would have been the most likely outcome of a no-bailouts approach. And for the past five years, events have confirmed – over and over again – that this was the right...
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