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The Moral of Cuba’s Economic Story

The Moral of Cuba’s Economic Story

by Dan Mitchell | Apr 18, 2026 | Blogs, Economics, Socialism

This tweet is short and sweet, but, as Polonius said in Hamlet, “Brevity is the soul of wit.” Since I’ve written several indictments of Cuba’s decrepit economic performance (see here, here, here, here, here, here, and here), I...
The Simple Explanation for How China Went from Starvation-Level Poverty to Middle-Income Status

The Simple Explanation for How China Went from Starvation-Level Poverty to Middle-Income Status

by Dan Mitchell | Apr 4, 2026 | Blogs, Economics, Free Market, Socialism

There’s some amateur foreign-policy analysis in this video clip, but notice what I say about trends in Chinese economic policy. Today’s column is going to show that China’s economic improvement – indeed, its entire post World War II history – has a very simple...
Zohran Mamdani, Part I: The “Caviar Communist” Openly Embraces Collectivism

Zohran Mamdani, Part I: The “Caviar Communist” Openly Embraces Collectivism

by Dan Mitchell | Jan 2, 2026 | Blogs

I’m going to start today’s column by acknowledging a mistake. Two days ago, as part of my Best and Worst News of 2025, I didn’t include Zohran Mamdani’s election as Mayor of New York City because I viewed him only as “a theoretical threat.” Yes, I knew he...
The Ongoing Tragedy of Cuban Socialism, Part II

The Ongoing Tragedy of Cuban Socialism, Part II

by Dan Mitchell | Nov 23, 2025 | Blogs, Socialism

Earlier this year, in Part I of this series, I reviewed some research showing that Cuba’s economic misery is almost entirely the result of socialist policies. The U.S. embargo, by contrast, has had comparatively little effect. Today, in Part II, let’s...
The Ongoing Tragedy of Cuban Socialism

The Ongoing Tragedy of Cuban Socialism

by Dan Mitchell | Aug 25, 2025 | Blogs, Economics, Socialism

I’ve written several articles about the failure of Cuban socialism (2024, 2022, 2021, 2019, and 2016). My leftist friends almost always respond by claiming that U.S.-imposed trade restrictions are the primary reason for Cuba’s terrible economy....
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