by Dan Mitchell | Feb 4, 2024 | Blogs, Economics, Free Market
I explained a few months ago how poor nations can converge with rich nations. The recipe for prosperity is actually very simple, as Adam Smith wrote centuries ago. Sadly, most governments don’t follow that recipe, largely because...
by Dan Mitchell | Jan 31, 2024 | Blogs, Economics, Free Market, Socialism
I’ve written critical columns about the failure of Venezuelan socialism and I’ve written laudatory columns about the success of Chile’s free markets reforms. Today, let’s compare and contrast what has happened to...
by Dan Mitchell | Jan 18, 2024 | Blogs, Free Market
Gary Johnson, the Libertarian presidential candidate back in 2016, got in trouble because he (quite understandably) could not name an admirable world leader. If the same question was asked today, the easy answer would be Javier Milei of Argentina, who just...
by Dan Mitchell | Jan 12, 2024 | Blogs, Economics, Free Market
I narrated a video more than 10 years ago to explain the recipe for poor nations to become rich nations. Kite & Key Media has unveiled a video with a similar message. The country comparisons were the most compelling part of the video. Indeed, I’ve...
by Dan Mitchell | Jan 8, 2024 | Blogs, Free Market, Taxation
In Part I of this series, we looked at the many pro-market reforms that turned Estonia into an “improbable success.” For Part II, let’s look at fiscal policy. And we’ll start with the country’s best feature: Estonia has a very simple and fair flat...
