by Dan Mitchell | Sep 11, 2023 | Big Government, Blogs, Government Spending
Last month, a plurality of Argentinians voted for a libertarian in their nation’s presidential primary. This shocking result may be an sign that voters have sobered up and realized that they have “run out of other people’s money.” This video from The...
by Dan Mitchell | Aug 25, 2023 | Blogs, Monetary Policy
I wrote earlier this month about the shocking first-place finish by a libertarian in Argentina’s presidential primary. Today, let’s take a close look at what is arguably Javier Milei’s most radical proposal, which is to eliminate his country’s central bank...
by Dan Mitchell | Aug 14, 2023 | Big Government, Blogs, Free Market
When I visited Argentina last November to give some speeches, I expressed a lot of pessimism and rhetorically asked whether the country could be rescued. In a column earlier this month, I followed up with two reasons for why Argentina is a basket...
by Dan Mitchell | Aug 7, 2023 | Big Government, Blogs, Monetary Policy
The U.K.-based Economist calculated a few years ago that Taiwan has been the world’s fastest growing economy over the previous 100 years. That’s not a big surprise since it started poor and is following the tried-and-true recipe for...
by Dan Mitchell | Mar 13, 2023 | Blogs, Economics, Free Market, Socialism
Back in 2011, I shared a chart comparing economic growth in Chile, Argentina, and Venezuela between 1980 and 2008. My simple goal was to show that market-oriented nations enjoy very fast growth compared to nations with “mixed economies or socialist...