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Hooray, the Socialist Beat the Socialist in France

Hooray, the Socialist Beat the Socialist in France

by Dan Mitchell | Apr 26, 2022 | Big Government, Blogs

Back in 2012, I endorsed a wretched socialist, Francois Hollande, to be president of France. I knew he was terrible, but the supposedly right-wing incumbent, Nicolas Sarkozy, also was a proponent of dirigisme. As I wrote at the time, “it’s always better to...
The United Kingdom’s Failed Post-War Socialism

The United Kingdom’s Failed Post-War Socialism

by Dan Mitchell | Apr 25, 2022 | Big Government, Blogs

I’m in the United Kingdom for the Free Market Road Show and had planned on writing today about the awful economic policies of Boris Johnson, the supposedly Conservative Prime Minister. Yes, he produced an acceptable Brexit, but otherwise...
Sri Lanka’s Failed Experiment with Modern Monetary Theory

Sri Lanka’s Failed Experiment with Modern Monetary Theory

by Dan Mitchell | Apr 24, 2022 | Big Government, Blogs

No sensible person wants to copy the big-spending policies of failed welfare states such as Greece. Unfortunately, many politicians lack common sense (or, more accurately, they are motivated by short-run political ambition rather than...
Another Failure for Keynesian Economics and Interventionist Government

Another Failure for Keynesian Economics and Interventionist Government

by Dan Mitchell | Apr 11, 2022 | Big Government, Blogs

Keynesian economics is based on the misguided notion that consumption drives the economy. In reality, high levels of consumption should be viewed an indicator of a strong economy. The real drivers of economic strength are private investment and private...
The Deadly Impact of Government-Run Health, Part I

The Deadly Impact of Government-Run Health, Part I

by Dan Mitchell | Apr 6, 2022 | Big Government, Blogs, Health Care

I’m not a fan of the government-distorted health system in the United States. Various laws and programs from Washington have created a massive problem with third-party payer, which makes America’s system very expensive and inefficient....
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