by Dan Mitchell | Mar 14, 2023 | Blogs, Economics, Free Market
The world’s freest economy is Singapore, followed closely by Switzerland. That’s according to the 2023 edition of the Heritage Foundation’s Index of Economic Freedom. The bad news is that there are only four nation that enjoy “free” economies....
by Dan Mitchell | Mar 13, 2023 | Argentina, Chile, Latin American Liberty Project, Venezuela
Durante los últimos doce años, he compartido en repetidas ocasiones un gráfico que compara el crecimiento económico de Chile, Argentina y Venezuela entre 1980 y 2008. Mi objetivo era simplemente mostrar que los países orientados al mercado disfrutan de un crecimiento...
by Dan Mitchell | Mar 13, 2023 | Blogs, Economics, Free Market, Socialism
Back in 2011, I shared a chart comparing economic growth in Chile, Argentina, and Venezuela between 1980 and 2008. My simple goal was to show that market-oriented nations enjoy very fast growth compared to nations with “mixed economies or socialist...
by Dan Mitchell | Mar 12, 2023 | Latin American Liberty Project, Venezuela
El socialismo es un sistema inmoral que tiene un historial terrible de miseria y fracaso. Uno de los ejemplos más trágicos es Venezuela. Solía ser la nación más rica de América Latina. Pero el PIB per cápita se ha desplomado según datos del FMI. Como se puede ver en...
by Dan Mitchell | Mar 12, 2023 | Big Government, Blogs, Economics, Socialism
Socialism is an immoral system that has a horrible track record of misery and failure. One of the most tragic examples is Venezuela. It used to be the richest nation in Latin America. But per-capita GDP has collapsed...