by Dan Mitchell | Oct 24, 2010 | Blogs, Taxation
I’m not serious , of course, but it is rather ironic that Raul Castro is cutting the tax burden on small business at the same time that Obama is pushing for higher tax rates on small business. Reuters reports on the latest in supply-side communism. Cuba unveiled on...
by Brian Garst | Sep 11, 2010 | Big Government, Blogs
It seems that reports of Castro’s conversion were premature. While American politicians are learning from Castro how to tank an economy with reckless government intervention (not that there’s any other kind), Castro has apparently learned from our pols how to walk...
by Dan Mitchell | Sep 9, 2010 | Big Government, Blogs, Economic Growth
Here’s a story for the better-late-than-never file. Former Cuban dictator Fidel Castro confessed that communism doesn’t work and that his nation’s economic system should not be emulated. Fidel Castro told a visiting American journalist that Cuba’s communist economic...
by Dan Mitchell | Sep 5, 2010 | Big Government, Blogs
Hugo Chavez is a palpably evil thug, and he confirms this status with a new proposal to issue cards that almost certainly will be used to ration food. Left-wing despots claim that their policies put “people above profits,” but they never can explain why people...
by Dan Mitchell | Aug 20, 2010 | Blogs, Economics, Free Market
The news that China has surpassed Japan as the world’s second-largest economy has generated a lot of attention. It shouldn’t. There are roughly 10 times as many people in China as there are in Japan, so the fact that total gross domestic product in China is now bigger...