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Daniel J. Mitchell is a public policy economist based in Washington D.C. For years, he has been extensively commenting fiscal and budgetary policy in the OECD, having served as a Senior Fellow at the Cato Institute and the Heritage Foundation, as an economist for Senator Bob Packwood and at the Senate Finance Committee, and as a Director of Tax and Budget Policy at Citizens for a Sound Economy. He is also the founder of the Center for Freedom and Prosperity and often comments on fiscal and economic policy on his blog.
This podcast is an audio record of a Brussels Report seminar recently hosted in Brussels, in cooperation with the Tholos Foundation, where Daniel J. Mitchell discussed the state of public finances in the Eurozone, exploring the following questions. This against a background of European governments engaging in yet another round of budgetary expansion as a response to the energy crisis, after stretching their fiscal capacity to deal with the consequences of Covid lockdowns, all amidst increasing interest rates and with a monetary union with only shaky political underpinning.
- How bad is the situation really for Eurozone governments?
- Could this ultimately once again threaten the monetary union?
- Which fiscal and economic policies can governments pursue to stimulate economic growth to alleviate debt levels?
- Which Eurozone member states are mostly in trouble?
His presentation can be downloaded here: Brussels October 2022 Dan M.
Assuming their politicians care about the future (rather than just the next election), Europe's welfare states should copy Switzerland's very successful spending cap https://t.co/EbqTkiox6D
— Dan Mitchell (@danieljmitchell) October 29, 2022
More from Dan:
What began as a pact for economic liberalization has now become a bureaucracy for dirigisme https://t.co/8RAEjLRQTL
— Dan Mitchell (@danieljmitchell) October 28, 2022
The ghost of Herbert Hoover is guiding Brussels https://t.co/UUT1ImwDkK
— Dan Mitchell (@danieljmitchell) December 14, 2022
Here's a common-sense reform if we want more prosperity https://t.co/CGzabxoD7b
— Dan Mitchell (@danieljmitchell) December 13, 2022
Register here for our seminar next week in Brussels on "The state of public finances in the Eurozone”, with a keynote by Daniel J. Mitchell @danieljmitchell: https://t.co/CDISYRDIfH
Hosted with @tholos @PRAlliance #Eurozone #EU #economy pic.twitter.com/TiVLSirokL
— BrusselsReport.EU (@brussels_report) October 18, 2022
In Eastern Europe, just like in every other region of the world, the recipe for prosperity is the same https://t.co/ZCUcXt0i6z
— Dan Mitchell (@danieljmitchell) December 3, 2022
This is pathetic and embarrassing. The head of the European Central Bank, Christine Lagarde, claims inflation mysteriously appeared from nowhere. Yet the ECB's own numbers confirm that she deserves to be blamed. https://t.co/chKgQaSMdX https://t.co/46wnVNQMx7
— Dan Mitchell (@danieljmitchell) October 31, 2022
It is inevitable that the European Union is going to morph into a transfer union. The main benefit of Brexit is (was?) getting off the sinking ship before that happened. https://t.co/CMLvmk9oLz https://t.co/PdhHGisp9v
— Dan Mitchell (@danieljmitchell) November 25, 2022