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A Primer on the Folly (and Evil) of Socialism

A Primer on the Folly (and Evil) of Socialism

by Dan Mitchell | Sep 17, 2018 | Big Government, Blogs, Economics

I’ve written many times about socialism, which is sometimes a frustrating task because the definition is slippery. I suspect the average supporter of Bernie Sanders or Alexandria Ocasio-Cortez thinks that socialism is big government, with lots of handouts financed by...

Can We Predict When Venezuela’s Statist Nightmare Will End?

by Dan Mitchell | Sep 13, 2018 | Big Government, Blogs

Ever since 2010, I’ve been pointing out that Venezuela is a horrifying and tragicexample of what happens when the private sector in a country is almost completely suffocated by excessive government. And with the country now in a death spiral, you would think it’s a...
Should Trump ‘blow up’ the G-7? History says ‘yes’

Should Trump ‘blow up’ the G-7? History says ‘yes’

by Darren Brady Nelson | Aug 22, 2018 | Opinion and Commentary

Originally published by Cayman Financial Review on August 20, 2018. It was widely reported by the media around the world in mid-June that U.S. President Donald Trump had “blown up” the Group of Seven (G-7) in the wake of their annual summit held this year in Quebec...

Paul Krugman Is Learning the Wrong Lesson from Denmark

by Dan Mitchell | Aug 21, 2018 | Big Government, Blogs, Welfare and Entitlements

Paul Krugman has butchered numbers when writing about fiscal policy in nations such as France, Estonia, Germany, and the United Kingdom. Today, we’re going to peruse his writings on Denmark. Here’s some of what he wrote earlier this month. Denmark can teach us…about...
Can Bernie Sanders Make Socialism Great Again?

Can Bernie Sanders Make Socialism Great Again?

by Dan Mitchell | Aug 17, 2018 | Big Government, Blogs

When Crazy Bernie became a national political phenomenon back in 2015, I pointed out that the Vermont Senator isn’t actually a socialist. As I remarked in this brief interview with Melissa Francis, the technical definition of socialism involves government ownership...
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