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...
by Dan Mitchell | Jul 17, 2024 | Blogs, Economics
I wrote yesterday that I’m in China this week, teaching at Northeastern University in Shenyang. This gives me a good excuse to write a series of columns about Chinese economic policy. Our first entry was about demographics, which is a challenge in China (as well as...
by Dan Mitchell | Jul 13, 2024 | Blogs, Economics
Bidenomics has been a failure, as measured by variables such as poverty, subsidies, inflation, protectionism, household income, fiscal policy, red tape, and employment. But if asked to pick the most important problem for Biden...
