by Dan Mitchell | Sep 20, 2020 | Big Government, Blogs, Economics, Free Market
Earlier this month, as part of my ongoing series about convergence and divergence, I wrote about why South Korea has grown so much faster than Brazil. My main conclusion is that nations need decent policy to prosper, and Johan Norberg shares a similar perspective in...
by Dan Mitchell | Sep 15, 2020 | Blogs, Economics, Socialism
Back in 2017, I shared this video explaining why capitalism is unquestionably the best way to help poor people. I’m recycling the video today because it’s a great introduction for a discussion about how best to help poor people. As part of my Eighth Theorem of...
by Dan Mitchell | Sep 5, 2020 | Blogs, Economics, Free Market
Traditional economics, specifically convergence theory, tells us that poor nations should grow faster than rich nations. I’m more interested, however, in why convergence often doesn’t happen, or only partially happens. And I’m extremely interested in why we often...
by Dan Mitchell | Aug 28, 2020 | Blogs, Economics, Free Market, Socialism
Part I of this series featured Dan Hannan explaining how the emergence of capitalism led to mass prosperity, while Part II featured Madeline Grant explaining how competition and cooperation make markets so successful. Today, in Part III, Andy Puzder compares...
by Dan Mitchell | Aug 24, 2020 | Blogs, Economics, Free Market
Yesterday, in Part I of this series, we enjoyed a video from the U.K.-based Centre for Economic Education, about how capitalism lifted the world from deprivation and oppression (also see videos by Don Boudreaux and Deirdre McCloskey). Today, in Part II of the Case for...
