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El Fracaso del Socialismo en Venezuela, Parte I

El Fracaso del Socialismo en Venezuela, Parte I

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...
The Failure of Socialism in Venezuela, Part I

The Failure of Socialism in Venezuela, Part I

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...
The Most Important Thing to Understand about Biden’s New Budget

The Most Important Thing to Understand about Biden’s New Budget

by Dan Mitchell | Mar 10, 2023 | Big Government, Blogs, Government Spending, Taxation

President Biden has released his 2024 budget, which mostly recycles the tax-and-spend proposals that he failed to achieve as part of his original “Build Back Better” plan. It is not easy figuring out his worst policy. Is it one of the proposed tax...
Another Victory for America’s Children

Another Victory for America’s Children

by Dan Mitchell | Mar 9, 2023 | Blogs, Education

More than 10 years ago, I expressed great hope for school choice in Colorado and Pennsylvania, only to then be disappointed. Today, there is no sadness. States such as West Virginia, Arizona, Iowa, and Utah have...
Bad Math Leads to Bad Economics

Bad Math Leads to Bad Economics

by Dan Mitchell | Mar 8, 2023 | Big Government, Blogs, Taxation

The combination of demographic change and poorly designed entitlement programs is producing an ever-increasing burden of federal spending. In my Twelfth Theorem of Government, I pointed out that this inevitably will mean big tax increases on...
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