by Dan Mitchell | Jun 4, 2026 | Big Government, Blogs, Socialism
As demonstrated by my First Theorem of Government, as well as by my four-part “Wretched Hive” series (see here, here, here, and here), I assume that corruption is a natural feature of government. And the bigger a government is,...
by Dan Mitchell | May 30, 2026 | Blogs, Economics, Free Market, Socialism
I’m a cheerleader for Chinese economic success. In part, that’s because I want all people to enjoy more prosperity. But it’s also because I believe China will be peaceful if it becomes more capitalist. I worry, however, whether China intends...
by Dan Mitchell | May 22, 2026 | Blogs, Economics, Free Market, Socialism
As far as I know, Matt Mitchell and I are not related, but we both have a low opinion of socialism. He covers a lot of ground (defining socialism, the role of prices, socialism’s death toll, and the myth of Nordic socialism) in this...
by Dan Mitchell | Apr 23, 2026 | Blogs, Socialism
As I wrote last month, the key defining definition of socialism is government ownership of the means of production. In other words, a country is socialist when government is the full or part owner of companies. This policy is a failure when implemented...
by Dan Mitchell | Apr 19, 2026 | Blogs, Economics
Today’s column is about Argentina, but it’s not going to be about Javier Milei or the libertarian changes (here, here, and here) he has made since becoming president in December 2023. Instead, we’re going to focus on how Argentina became an...