by Dan Mitchell | Dec 3, 2011 | Bailouts, Blogs, Europe
There’s a rather simple solution to Europe’s fiscal crisis, but politicians will never do the right thing unless every other option is exhausted. That’s why American taxpayers should not be involved in any sort of European bailout, either directly or indirectly. This...
by Dan Mitchell | Nov 22, 2011 | Big Government, Blogs, Government Waste
I’ve done a video on excessive compensation for bureaucrats and I’ve written many times about wasteful spending, but here’s a cartoon that manages to effectively combine both concepts. If your eyes are getting old like mine, you may need to click on the image to read...
by Dan Mitchell | Nov 20, 2011 | Big Government, Blogs
This is probably my favorite political cartoon, and this one is the most-viewed post in the history of this blog, but here’s one probably should be near the top because it so perfectly captures the mindset of the political class. Though if you want to teach economics,...
by Dan Mitchell | Oct 31, 2011 | Blogs, Taxation
In what will probably become an annual tradition, here is the Halloween tax video I posted last year. The last 30 seconds of the three-minute video actually contain some very good economics, roughly akin to this classic cartoon. Yes, incentives matter. And since it is...
by Dan Mitchell | Aug 20, 2011 | Blogs, Uncategorized
…Well, I’m not sure what it means. But it sure doesn’t make sense when you look at the big picture. A credit card company wouldn’t increase a deadbeat’s credit limit, so why is it a sign of fiscal prudence to give Uncle Sam more borrowing authority? That being said, I...
