by Dan Mitchell | Apr 6, 2024 | Blogs, Economics, Free Market
I wrote about Botswana yesterday, but focused on the narrow issue of how some of that nation’s leaders dunked on virtue-signaling politicians in Germany and the United Kingdom. But I did share a chart about how Botswana has out-performed other African...
by Dan Mitchell | Apr 3, 2024 | Blogs, Economics, Free Market
In 2021, I shared a cartoon strip about a worker blaming capitalism after losing his job following an increase in the minimum wage. One month ago, I shared a meme with a similar message. It showed the European Central Bank investigating supposedly...
by Dan Mitchell | Mar 3, 2024 | Blogs, Free Market
Every so often, I can’t resist pointing out extreme examples of media bias. Washington Post New York Times Reuters Time ABC Associated Press New York Times (again) Washington Post (again) New York Times (again) My goal is not to fixate...
by Dan Mitchell | Feb 24, 2024 | Big Government, Blogs, Economics, Free Market, Regulations
I periodically share Mark Perry’s famous “Chart of the Century” to show that government intervention is a recipe for rising relative prices.* Since economic principles don’t change when you cross national borders, one might expect to see...
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...