by Dan Mitchell | Dec 24, 2021 | Blogs, Free Market
Since it’s Christmas Eve, let’s use this opportunity for a holiday-themed economics lesson. I did a version of this back in 2012 by sharing a remake of Christmas songs. This year, we’re going to look at A Christmas Carol by Charles Dickens....
by Dan Mitchell | Dec 19, 2021 | Blogs, Free Market
Greetings from Santiago. Chileans vote today for a new president and there’s a risk that a Venezuelan-style leftist, Gabriel Boric, will prevail. And that puts at risk the economic progress described in this video. The video has a good discussion...
by Dan Mitchell | Dec 17, 2021 | Blogs, Free Market
I explained a few days ago that Sunday’s presidential runoff in Chile should be viewed as the most important election of 2021. This is because the left’s candidate, Gabriel Boric, wants to turn Chile into Venezuela, as I mention in this radio interview with Ross...
by Dan Mitchell | Dec 14, 2021 | Blogs, Economics, Free Market, Socialism
If you want visual proof of Chile’s “improbable success,” this chart tells you everything you need to know. Thanks to free-market reforms in the 1980s and 1990s, growth exploded, Chile became the Latin Tiger and poverty plummeted. It’s remarkable how...
by Dan Mitchell | Dec 1, 2021 | Big Government, Blogs, Economics, Free Market, Government Spending
A couple of years ago, to help build the case against socialism, I showed how West Germany enjoyed much faster growth and much more prosperity than East Germany. The obvious lesson to be learned from this example of “anti-convergence” is that...
