by Dan Mitchell | Aug 28, 2024 | CF&P Foundation Prosperitas Studies, Publications
[PDF Version] The Case Against Foreign Aid By Daniel J. Mitchell The main argument in favor of foreign aid is that rich countries should help poor countries become more prosperous. Yes, some aid is strictly humanitarian, such as when there is a famine, war, or...
by Dan Mitchell | Aug 27, 2024 | Blogs, Economics
I periodically write wonky columns explaining that gross domestic income (GDI) is a better measure than gross domestic product (GDP) because it is more useful to focus on how income is earned rather than how it is allocated. There’s not a...
by Dan Mitchell | Aug 26, 2024 | Latin American Liberty Project
Dado que las malas políticas han sido la norma en Bolivia, no es de extrañar que los resultados económicos del país sean desastrosos en comparación con los de otras naciones de la región. El siguiente gráfico muestra el PIB per cápita de una selección de países...
by Dan Mitchell | Aug 26, 2024 | Big Government, Blogs, Economics, Socialism
When I write about South America, it’s almost always to cite developments in Chile, Argentina, and Venezuela. That’s because those countries clearly show, respectively, the consequences of good, bad, and terrible economic policies.* Today, though,...
by Dan Mitchell | Aug 25, 2024 | Blogs, Economics, Free Market, Socialism
About 10 days ago, I showed that Milton Friedman was a much better economist than Joseph Stiglitz by comparing Chile (which followed Friedman’s ideas) and Venezuela (which followed Stiglitz’s ideas). It was a slam-dunk win for Friedman. Chile started poor and...
