by Dan Mitchell | Sep 30, 2024 | Blogs, Economics
If you want to rigorously assess a nation’s economic outlook, investigate how it is scored based on the dozens of variables included in Economic Freedom of the World and the Index of Economic Freedom. And also look at whether its overall score is...
by Dan Mitchell | Sep 29, 2024 | Big Government, Blogs, Economics, Socialism
Since I’m a numbers wonk, I think the most powerful evidence for the failure of Cuban socialism is comparing that nation’s growth (or lack thereof) to what’s happened in Taiwan and (pre-crackdown) Hong Kong. They all had similar levels of...
by Dan Mitchell | Sep 29, 2024 | Cuba, Latin American Liberty Project
Como me gustan los números, creo que la prueba más contundente del fracaso del socialismo cubano es comparar el crecimiento (o la falta de crecimiento) de ese país con lo ocurrido en Taiwán y Hong Kong (antes de la represión). Todos ellos tenían niveles similares de...
by Dan Mitchell | Sep 28, 2024 | Blogs, Uncategorized
Politicians are not good people. That’s why I have a “Wretched Hive of Scum and Villainy” series (though I confess they all have the same message). Part I reviewed evidence of misbehavior by elected officials and their cronies. Part II reviewed evidence of...
by Dan Mitchell | Sep 27, 2024 | Big Government, Blogs, Government Spending
While writing about Colombia’s fiscal problems 10 days ago, I issued my 20th Theorem of Government. Simply stated, governments get in trouble because politicians spend too much money. To be more specific, they don’t follow my Golden Rule. And that’s exactly...
