by Dan Mitchell | May 24, 2025 | Blogs, Economics, Free Market, Socialism
I’m baffled that anybody who is both knowledgeable and well-meaning can choose some strain of collectivism (socialism, fascism, communism, etc) over capitalism. It should be a slam dunk for free enterprise, assuming the goal is...
by Dan Mitchell | Apr 22, 2025 | Blogs, Economics, Free Market
I thought I found the sure winner of the counter-tweet of the year back in February when @jmhorp debunked a silly and illiterate tweet from @ATLCWorker. The inescapable conclusion from that exchange was that capitalism is the best...
by Dan Mitchell | Oct 13, 2024 | Blogs, Economics, Europe
I worry about public policy in the United States. It’s gotten worse in recent decades and I worry it will get worse in the future. But there are not many better alternatives. A few small countries allow more economic liberty, such as Singapore and...
by Dan Mitchell | Sep 24, 2024 | Blogs, Economics
Looking at measures of relative global prosperity, Chinese people are rich in Singapore. They are rich in Hong Kong. And they are rich in Taiwan. Americans of Chinese descent also are rich. So why is China not also rich? The answer is bad...
by Dan Mitchell | Jul 26, 2024 | Blogs, Economics, Free Market
For the final installment in this series (the first three parts can be viewed here, here, and here), let’s start with a video from Prager University. I like the video for the selfish reason that it matches my 2019 analysis. At the risk of over-simplification,...
