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 | May 7, 2025 | Blogs, Flat Tax, Free Market, Taxation
I’m in Estonia as part of the Free Market Road Show, so this is a good opportunity for Part III of my series on that country’s rebound from communism. To follow up on Part I and Part II, let’s start with this Fraser Institute video. I’ve always...
by Dan Mitchell | Sep 29, 2024 | Big Government, Blogs, Economics, Socialism
Since I’m a numbers wonk, I think the most powerful evidence for the failure of Cuban socialism is comparing that nation’s growth (or lack thereof) to what’s happened in Taiwan and (pre-crackdown) Hong Kong. They all had similar levels of...
by Dan Mitchell | Aug 31, 2024 | Blogs
As an economist, I’m very tempted to say that Ronald Reagan‘s greatest achievement was America’s economic rejuvenation. He had a very impressive list of accomplishments, including lower tax rates, spending restraint, and getting inflation...
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,...