by Dan Mitchell | Jan 29, 2025 | Blogs, Free Market
I wrote a few weeks ago about how 108 leftist economists, including Thomas Piketty and Gabriel Zucman, were wildly wrong when they warned in 2023 that Javier Milei’s agenda would be “very harmful for the Argentine economy.” This new...
by Dan Mitchell | Jan 17, 2025 | Big Government, Blogs, Free Market, Government Spending
Vietnam’s economic trajectory is similar to China’s. Horrible poverty and even starvation (in the case of China) during the days of hard-core communism. Less poverty today thanks to a few pro-market reforms starting in the 1980s. Still low-to-middle income...
by Dan Mitchell | Jan 10, 2025 | Blogs
I mocked economists yesterday. To be more specific, I eviscerated 108 leftist economists who signed a letter warning that Javier Milei’s libertarian agenda would be bad for Argentina. They now look like idiots given that country’s amazing turnaround....
by Dan Mitchell | Jan 9, 2025 | Blogs, Economics, Free Market
It’s easy to mock economists. Consider the supposedly prestigious left-leaning academics who asserted in 2021 that Biden’s agenda was not inflationary. At the risk of understatement, they wound up with egg on their faces.* Today, we’re going to...
by Dan Mitchell | Dec 29, 2024 | Blogs, Economics, Free Market
Six years ago, I showed that the United States would be as poor as Mexico if there had been 1-percentage point less annual growth over the past 125 years. John Norberg makes a similar comparison between Sweden and Albania. The entire video is worth...