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...
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...
