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Tag Archives : welfare state

Greetings from San Marino

Greetings from San Marino

Posted on January 29, 2011

Hello from the Most Serene Republic of San Marino, a 24-square mile enclave centered around Monte Titano in eastern Italy. I’m here for a conference on “Competition and Alliances among States.” Like many other so-called tax havens, San Marino has been bludgeoned in recent years by politicians from high-tax nations, who resent the flow of […]

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Emperor Rompuy Complains that “Bond Vigilantes” Don’t Appreciate Euro Clothes

Emperor Rompuy Complains that “Bond Vigilantes” Don’t Appreciate Euro Clothes

Posted on January 15, 2011

I’ve already poked fun at Herman Van Rompuy, the nondescript über-bureaucrat who has risen to the non-elected post of European Council President. I’ve mocked Rompuy’s attempts to compete with other European politicians, and I encourage everyone to have a good laugh at this video of Van Rompuy getting eviscerated by a British MEP. We now […]

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Riots in England Are another Sign of the Looming Collapse of Europe’s Welfare States

Riots in England Are another Sign of the Looming Collapse of Europe’s Welfare States

Posted on December 10, 2010

I’ve written before about the upcoming breakdown of the European welfare state, and my fingers are crossed that American policy makers will learn the right lessons and restrain the size and scope of government before we suffer from the social chaos and disarray that is sweeping through nations as varied as Greece and the United […]

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Mitch Daniels Would Be a Terrible President

Mitch Daniels Would Be a Terrible President

Posted on October 15, 2010

I’m mystified that some conservatives and libertarians are sympathetic to the idea that Mitch Daniels, the governor of Indiana, might be a good candidate in 2012. The main challenge for our nation is the growing burden of government, so it seems that this would disqualify anybody who served as Budget Director for President George W. […]

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Does the War on Poverty Fight Destitution or Subsidize It?

Does the War on Poverty Fight Destitution or Subsidize It?

Posted on September 14, 2010

The Census Bureau will be releasing new poverty-rate numbers on Thursday and the numbers are expected to show a big move in the wrong direction. Much of the coverage will be on how much the poverty rate increases, with 15 percent being a likely amount according to some estimate. There also will be lots of […]

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Europe Is Royally %$(#&@, and America May Be Next

Europe Is Royally %$(#&@, and America May Be Next

Posted on July 29, 2010

Jim Glassman has a thorough article in Commentary explaining that Europe is in deep trouble both because high tax rates discourage work and production and because excessive handouts encourage sloth and dependency. This should be a common-sense observation, but most politicians get votes by convincing voters they can have comfortable lives without producing. The inevitable […]

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Obama’s Fiscal Fantasyland

Obama’s Fiscal Fantasyland

Posted on June 30, 2010

That’s the title of Richard Rahn’s new column in the Washington Times, which discusses the delusional Keynesian policy being advocated – in America and around the world – by the current administration. As Richard explains, the evidence is overwhelming that government spending does not promote prosperity. In the face of the unprecedented congressional spending binge, […]

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Too Little and Too Late for Europe, Part II

Too Little and Too Late for Europe, Part II

Posted on May 28, 2010

When even the New York Times is writing articles about the collapse of the European welfare state, you know that the political establishment is finally recognizing the writing on the wall. Recognizing a problem and solving a problem, however, are two different things. They need to use an axe on their budgets, but the examples […]

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