by Dan Mitchell | Aug 28, 2020 | Blogs, Economics, Free Market, Socialism
Part I of this series featured Dan Hannan explaining how the emergence of capitalism led to mass prosperity, while Part II featured Madeline Grant explaining how competition and cooperation make markets so successful. Today, in Part III, Andy Puzder compares...
by Dan Mitchell | Aug 27, 2020 | Blogs, Economics
It’s not often (actually, only once) that I share a video lasting nearly two hours. But this video – revolving around the intellectual rivalry between pro-market Hayek and pro-intervention Keynes – is an excellent summary of 20th-century economic policy. We learn...
by Dan Mitchell | Aug 26, 2020 | Blogs, Economics
I’m skeptical of “common-good capitalism” in the same way I’m suspicious about “nationalist conservatism” and “reform conservatism” (and it should go without saying that I didn’t like the “kinder-and-gentler conservatism” and “compassionate conservatism” we got from...
by Dan Mitchell | Aug 25, 2020 | Big Government, Blogs
Milton Friedman was one of the the 20th century’s greatest defenders of capitalism and individual freedom. He had marvelous insights on issues such as fiscal policy, Sweden, tax competition, and other people’s money, but one of my favorite Friedman quotes is about the...
by Dan Mitchell | Aug 24, 2020 | Blogs, Economics, Free Market
Yesterday, in Part I of this series, we enjoyed a video from the U.K.-based Centre for Economic Education, about how capitalism lifted the world from deprivation and oppression (also see videos by Don Boudreaux and Deirdre McCloskey). Today, in Part II of the Case for...
