by Dan Mitchell | Aug 18, 2019 | Blogs, Uncategorized
Time to augment our growing collection of satire about the twin horrors of socialism and communism. Today, we’ll concentrate on the latter form of totalitarianism and mock Marxism. The New York Times has a bizarre history of going out of its way to praise communism,...
by Dan Mitchell | Jul 26, 2019 | Blogs, Economics, Socialism
Cuba has a very sad history. It traded a regular dictatorship for a communist dictatorship six decades ago, and the results have been predictably awful. Oppression, persecution, rationing, spying, deprivation, and suffering are facts of life in that socialist...
by Dan Mitchell | May 27, 2019 | Blogs, Uncategorized
One advantage of being a child of the Cold War is that I got to live through the fall of the Berlin Wall. The collapse of the Evil Empire truly was one of Reagan’s most amazing accomplishments and a moment of joy for the world. Best of all, the war ended peacefully....
by Dan Mitchell | May 3, 2019 | Blogs, Economics, Free Market, Socialism
In a column for the New York Times, Jochen Bittner writes about how a rising star of Germany’s Social Democrat Party wants the type of socialism that made the former East Germany an economic failure. Socialism, the idea that workers’ needs are best met by the...
by Dan Mitchell | Apr 17, 2019 | Blogs, Economics, Socialism
Every Thanksgiving, I share the story of how the Pilgrims nearly starved to death because of their experiment with collectivized agriculture. Once the settlers shifted to a system based on private ownership, however, their problems disappeared. The obvious moral of...