Socialism: A Track Record of Failure

Socialism: A Track Record of Failure

What’s socialism? Is it the centrally planned economies of Cuba and North Korea? Or the kleptocracies of Zimbabwe and Venezuela? How about the interventionist welfare states of Greece, Italy, and France? Or the redistribution-oriented Nordic nations? Since socialism...
Bureaucrat of the Year?

Bureaucrat of the Year?

When I gave readers an opportunity to select their favorite political cartoonist back in 2013, they picked Michael Ramirez. And I can understand, given the excellent options that I shared (here, here, here, and here). But I now think I overlooked his true masterpiece,...
The European Union and Economic Performance

The European Union and Economic Performance

Thanks to the glorious miracle of capitalism, I’m writing this column 36,000 feet above the Atlantic Ocean. I’m on my way back from Europe, where I ground through about a dozen presentations as part of a swing through 10 countries. Most of my speeches were about the...
The Heavy Cost of Czechoslovakian Socialism

The Heavy Cost of Czechoslovakian Socialism

I was in Bratislava earlier today as part of the Free Market Road Show, where I spoke about how European nations are in trouble because of excessive spending and aging populations. But I’m not going to write about my presentation because Peter Gonda of the...