by Dan Mitchell | Jun 21, 2011 | Big Government, Blogs, Economics, Government Spending
Many European nations face a sovereign debt crisis because of excessive spending caused by too much redistribution. The obvious – and only – solution to this crisis is to reverse the policies that caused the problem. So take a wild guess about what the International...
by Dan Mitchell | May 31, 2011 | Bailouts, Big Government, Blogs, Government Spending
Way back in February of 2010, I wrote that a Greek bailout would be a failure. Not surprisingly, the parasites at the International Monetary Fund and the political elite from other European nations ignored my advice and gave tens of billions of dollars to Greece’s...
by Dan Mitchell | May 27, 2011 | Big Government, Blogs
I’ve remarked before about how I get especially upset when well-to-do people figure out ways of ripping off taxpayers. Redistribution from rich to poor is not a good idea, but it is far more offensive when the coercive power of government is used to transfer money...
by Dan Mitchell | May 24, 2011 | Bailouts, Big Government, Blogs, Europe, Government Spending
eronique de Rugy of the Mercatus Center has a very good – but somewhat depressing – analysis of the fiscal crisis in Greece. She basically concludes that bailouts will continue because nobody in Europe is willing to do the right thing. This got me thinking about what...
by Dan Mitchell | May 18, 2011 | Bailouts, Big Government, Blogs, Crime, Society
I certainly take second place to nobody in my utter contempt for Dominique Strauss-Kahn, the head of the International Monetary Fund. Who knew that forcing yourself (allegedly) on women could earn you a reputation as “the Great Seducer”? I guess my failure to...
