by Dan Mitchell | Sep 16, 2023 | Big Government, Blogs
Earlier this year, I put together three sentences that summarize the post-1949 economic history of China. Crippling communist failure and suffering under Mao.Partial reform during the “Washington Consensus”...
by Dan Mitchell | Aug 28, 2023 | Blogs, Economic Growth
In large part because of an economic system completely at odds with human nature, communists have a nasty habit of never delivering on Marx’s vision. They promise equality, but the elite enjoy lavish lifestyles while ordinary people...
by Dan Mitchell | Jul 24, 2023 | Blogs, Economics, Socialism
I was surprised to learn last year that Poland’s economy has out-performed China’s economy over the past three decades. Given the way free markets out-perform statism, I should have known this would be the result. Today, let’s take a closer look at how...
by Dan Mitchell | Aug 31, 2022 | Big Government, Blogs
The world is much freer today than when I was born, largely because the “Evil Empire” collapsed. The Soviet Union was awful. It killed at least 20 million of its own people (some say as many as 60 million). It enslaved and impoverished its own...
by Dan Mitchell | May 15, 2022 | Big Government, Blogs
Early last year, I shared a video explaining that Karl Marx was a despicable human being. Today, let’s look at a video that further examines him and his hideous ideology. This raises an interesting question of picking the most offensive feature of Marxism. The...
