by Dan Mitchell | Nov 19, 2022 | Big Government, Blogs
I’ve written many times about terrible economic policy in Argentina, most recently two days ago while in that benighted country for a conference on fiscal policy. Now that I’m heading back to the United States, I’m contemplating whether...
by Dan Mitchell | Nov 17, 2022 | Big Government, Blogs, Welfare and Entitlements
When I write about Argentina, I normally have bad things to say. The world’s worst-performing economy over the past 100 years.A nation victimized by a version of modern monetary theory.An example of how big...
by Dan Mitchell | Jul 11, 2022 | Big Government, Blogs
It’s not as bad as Cuba, North Korea, or Venezuela, but Argentina (as illustrated by this video) is a case study of how statism can ruin an economy. The most important takeaway from the video is that Argentina used to be one of the world’s richest nations. Even as...
by Dan Mitchell | Nov 8, 2021 | Big Government, Blogs, Welfare and Entitlements
Back in 2017, I shared my Second Theorem of Government to warn why it is so important to resist new government giveaway programs. And I used Obamacare as a costly example. Simply stated, it’s much easier to block new handouts than it is to take...
by Dan Mitchell | Feb 23, 2021 | Big Government, Blogs, Taxation
What nation serves as the most powerful example of how statism can wreck an economy and impoverish people? The Soviet UnionGreeceCubaChinaZimbabweVenezuela Those are all good choices, but perhaps Argentina is the best example (or should we say worst example?). If...
