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,...
by Dan Mitchell | Jul 25, 2024 | Blogs, Economics, Free Market
I wrote yesterday about an absurd example of media bias. A reporter for the New York Times authored a story about how people in the nation of Georgia supposedly miss communist enslavement. It was especially galling that the reporter repeatedly cited a radical Marxist,...
by Dan Mitchell | Jul 24, 2024 | Blogs, Economics, Socialism, Uncategorized
As part of my 100-tragic-years-of-communism series in 2017, I wrote a column about dupes and apologists for Soviet tyranny, as well as a column mocking economists who thought communism was producing good results. The worst part of...
by Dan Mitchell | Jul 20, 2024 | Blogs, Economics, Free Market
While teaching in China last week, I shared this chart with students to emphasize the point that poverty has been the norm throughout human history. It was only a couple of hundred years ago that free markets emerged and parts of the...
by Dan Mitchell | Jul 18, 2024 | Blogs, Economics
I’ve been writing about China this week (see here and here) because I’m teaching economics at Northeastern University in Shenyang. But, regardless of my location, I probably would be writing about China this week anyhow because the country’s leadership has been having...
