by Dan Mitchell | Nov 26, 2024 | Blogs, Economics, Free Market
In Part I of this series, I looked at how President Milei has achieved an amazing level of spending restraint in just one year. For Part II, let’s look at his ultimate objective. As he explains in this video, he wants Argentina to be the world’s...
by Dan Mitchell | Oct 18, 2024 | Blogs, Economics, Free Market
Five years ago, I defended the “Washington Consensus” of the 1980s and 1990s. …the “Washington Consensus”…was a term that was used to describe the kind of policy advice in those days provided to (or imposed upon) the developing world by the IMF, World Bank,...
by Dan Mitchell | Oct 17, 2024 | Blogs, Economics, Free Market
The newest edition of Economic Freedom of the World has been released by the Fraser Institute and I will continue my tradition (2023, 2022, 2021, 2020, 2019, etc) of sharing the big-picture highlights. I normally start by...
by Dan Mitchell | Sep 7, 2024 | Blogs, Economics, Europe, Free Market
It’s an annual tradition (2023, 2022, 2021…all the way back to 2010) to write about the Heritage Foundation’s Index of Economic Freedom. Since most people care about relative rankings, I’ll start with a look at the 25 nations that have the most...
by Dan Mitchell | Aug 25, 2024 | Blogs, Economics, Free Market, Socialism
About 10 days ago, I showed that Milton Friedman was a much better economist than Joseph Stiglitz by comparing Chile (which followed Friedman’s ideas) and Venezuela (which followed Stiglitz’s ideas). It was a slam-dunk win for Friedman. Chile started poor and...
