by Dan Mitchell | Feb 16, 2019 | Blogs, Economics, Socialism
My multi-part series on Socialism in the Modern World has featured Venezuela, the Nordic nations, and Greece. But no discussion of dirigiste policy would be complete without a look at France. After all, not only does France have a history of imposing 100-percent-plus...
by Dan Mitchell | Feb 15, 2019 | Big Government, Blogs, Socialism
In Part I of this series, we examined the horrific tragedy of Venezuelan statism, and in Part II of this series, we looked at the Scandinavian “free-market welfare state.” Today, Part III will look at the ongoing deterioration of Greece. I’ve written many times about...
by Dan Mitchell | Feb 14, 2019 | Big Government, Blogs, Economics, Socialism, Welfare and Entitlements
In Part I of our series on Socialism in the Modern World, we looked at the tragic story of Venezuela. Today, we’re going to look at what we can learn from the Nordic nations. And the first thing to understand, as I explain in this interview, is that these nations are...
by Dan Mitchell | Feb 13, 2019 | Big Government, Blogs, Economics, Socialism
With the surprising success of Senator Bernie Sanders in the last presidential race and the more-recent instant-celebrity status of Representative Alexandria Ocasio-Cortez, some are wondering if the United States is about to enter a “socialist era”. I’ve criticized...
by Dan Mitchell | Feb 11, 2019 | Big Government, Blogs
As an economic system for a nation, socialism is a miserable failure. Especially real socialism (government ownership of the means of productions, government-dictated prices, etc). But that doesn’t stop some people from defending socialism. They claim the theory is...
