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In Tallinn, Helping to Protect the People of Estonia from Krugmanomics

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...

Estonia and Austerity: Another Exploding Cigar for Paul Krugman

by Dan Mitchell | Jun 7, 2012 | Blogs, Economic Growth, Taxation

I have great fondness for Estonia, in part because it was the first post-communist nation to adopt the flat tax, but also because of the country’s remarkable scenery. Most recently, though, I’ve been bragging about Estonia (along with Latvia and Lithuania, the other...

Paul Krugman and the European Austerity Myth

by Dan Mitchell | May 8, 2012 | Big Government, Blogs, Economics, Europe, Government Spending, Keynesian

With both France and Greece deciding to jump out of the left-wing frying pan into the even-more-left-wing fire, European fiscal policy has become quite a controversial topic. But I find this debate and discussion rather tedious and unrewarding, largely because it pits...

A Lesson for Krugman, et al, about Canada’s Real Fiscal Restraint vs. the United Kingdom’s Faux Austerity

by Dan Mitchell | Feb 18, 2012 | Big Government, Blogs, Economics, Government Spending, Keynesian

Demonstrating that he’s probably not a fan of Mitchell’s Golden Rule, Paul Krugman recently asserted that fiscal austerity has failed in the United Kingdom. Citing Keynesian theory and weak economics numbers, he warned about “the austerity doctrine that has dominated...

The Deadly Impact of Government-Run Healthcare in the U.K., but Don’t Expect a Krugman Retraction or Apology

by Dan Mitchell | Oct 15, 2011 | Big Government, Blogs, Health Care

The United Kingdom has one of the most statist healthcare systems in the world. Indeed, my Cato colleague Mike Tanner produced an excellent study showing that the U.K. system is  more rigid and centralized than what is found even in nations such as Germany and France....
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