by Dan Mitchell | Nov 28, 2021 | Blogs, Free Market
Back in 2016, I shared a television program about the “Improbable Success” of Switzerland. Today, here’s a follow-up look at that “sensible country.” There are elements to this video that are outside my area of expertise, such as the role of the reformation. But the...
by Dan Mitchell | Nov 15, 2021 | Blogs, Economics, Free Market
Back in May, as part of a discussion about the tradeoff between free markets (efficiency) and redistribution (equity), I put together a chart to show how poor people are better off in the long run if policy makers focus on the former rather than...
by Dan Mitchell | Nov 3, 2021 | Blogs, Free Market, Trade
I’ve shared several videos (here, here, here, and here) that use rigorous data to show that grinding poverty and severe material deprivation was the norm for humanity – until capitalism gained a foothold a few hundred years ago. Fortunately, as free...
by Dan Mitchell | Oct 6, 2021 | Blogs, Free Market
Don Boudreaux, Deirdre McCloskey, and Dan Hannan have all explained how capitalism enabled mass prosperity after endless stagnation and poverty. There’s a similar message in this video from Kite & Key Media. The most relevant parts start...
by Dan Mitchell | Oct 3, 2021 | Big Government, Blogs, Free Market
Economists of all types agree with “convergence theory,” which is the notion that poor countries should grow faster than rich countries. Though they are usually wise enough to also say “ceteris parisbus,” which means the theory applies if other variables are...
