by Dan Mitchell | Aug 23, 2021 | Blogs, Economics, Free Market
I’ve made the case for capitalism (Part I, Part II, Part III, Part IV, and Part V) and the case against socialism (Part I, Part II, and Part III), while also noting that there’s a separate case to be made...
by Dan Mitchell | Aug 16, 2021 | Blogs, Free Market
When writing Friday’s column about Somalia, I noticed that I have not written about the Human Freedom Index (HFI) since 2016 and 2018. Let’s rectify that oversight by highlighting the results from the most-recent edition of that publication. But first, some...
by Dan Mitchell | Aug 5, 2021 | Blogs, Free Market, Uncategorized
As I’ve repeatedly pointed out, capitalism (oops, I mean free enterprise) is far superior than the various forms of statism. Just last month, I shared a video with 20 example of market-friendly jurisdictions growing much faster than...
by Dan Mitchell | Jul 31, 2021 | Blogs, Free Market
Economists widely agree with the theory of “convergence,” which is the (mostly true) idea that poor nations should grow faster than rich nations. This means that we can learn important lessons by looking at examples of “divergence,” and I...
by Dan Mitchell | Jul 23, 2021 | Blogs, Economics, Free Market
In my four-part series on inequality (here, here, here, and here), I argue that that it is more important to instead focus on reducing poverty – especially since we know the policies needed to achieve that latter goal. In this discussion, I contemplate...