by Dan Mitchell | Jun 25, 2024 | Blogs, Economics, Socialism
Communism is a terrible and evil system with a deadly track record. The bad news is that communism still exists, with the basket case of North Korea being an example of a country that has retained traditional Marxist socialism. The good...
by Dan Mitchell | Jun 22, 2024 | Blogs, Economics
Back in February, I debunked a Washington Post story that tried to portray Biden’s economy as being successful merely because the U.S. was out-performing Europe. That’s true, but hardly a big achievement. More important, that type of...
by Dan Mitchell | Jun 15, 2024 | Blogs, Economics, Europe
Economic freedom has been declining in the United States in recent decades. But it’s also been declining in Western Europe over the same period. It’s almost as if politicians on both sides of the Atlantic are having a race to see who can do the...
by Dan Mitchell | Jun 9, 2024 | Blogs, Economics
Just as trend lines are important for fiscal policy, they are perhaps even more important when looking at economic performance. Even small difference in annual growth rates, for instance, can lead to big changes in prosperity within...
by Dan Mitchell | May 26, 2024 | Blogs, Economics
Not everyone has appreciated my efforts to promote economic liberty over the past 40 years. The most common attack is “you don’t care about the poor” even though I’m pushing for the only economic system that has a track record of successfully...