by Dan Mitchell | Oct 24, 2019 | Blogs, Free Market
By every possible measure, Chile is the most successful country in Latin America. Income has soared and poverty has plummeted thanks to market-based reforms. It’s not perfect, of course. The nation’s economic freedom score – 7.89 on a 0-10 scale – is good enough for a...
by Dan Mitchell | Oct 19, 2019 | Blogs, Economics, Free Market
John Papola has done it again. His video showing a Keynes v. Hayek rap contest was superb, and was followed by an equally enjoyable sequel featuring a boxing match between Keynes and Hayek. Now he has a rap contest about capitalism and socialism featuring Ludwig von...
by Dan Mitchell | Oct 5, 2019 | Blogs, Economics, Free Market
Last century, I remember reading about the “Washington Consensus,” which was a term that was used to describe the kind of policy advice in those days provided to (or imposed upon) the developing world by the IMF, World Bank, and U.S. Treasury. I never studied the...
by Dan Mitchell | Sep 14, 2019 | Big Government, Blogs, Economics, Free Market
The folks at the Fraser Institute in Canada have just released a new version of Economic Freedom of the World. As has been the case for many years, Hong Kong is #1 and Singapore is #2, followed by New Zealand (#3) and Switzerland (#4). Interestingly, the United States...
by Dan Mitchell | Sep 11, 2019 | Blogs, Economics, Free Market
I first opined about Pope Francis in 2013, when I told a BBC audience why the Pope was wrong on economic policy. The following year, I expanded on that point, explaining that statist policies are bad for the poor. And I revisited the issue again last year. I’m not the...
