by Dan Mitchell | Feb 7, 2020 | Blogs, Free Market
Back in 2013, I talked to the BBC about Pope Francis and his bizarre hostility to free enterprise. Sadly, it doesn’t appear that the Pope took my advice (though I think it’s amusing that at least someone in the Vatican is paying attention). There’s a wealth of...
by Dan Mitchell | Jan 28, 2020 | Blogs, Economics, Free Market
Back in 2014, I compared Hong Kong’s amazing growth with Cuba’s pitiful stagnation and made the obvious point that free markets and limited government are the right recipe for prosperity. Especially if you care about improving the lives of the less fortunate....
by Dan Mitchell | Jan 17, 2020 | Blogs, Economics, Free Market
I’ve always been puzzled by those who criticize capitalism (“it’s unfair!” and “it’s coercive!”) and urge its overthrow or replacement. I actually agree with them that markets can be harsh, especially in the short run (think of the damage to the typewriter industry...
by Dan Mitchell | Nov 28, 2019 | Blogs, Economics, Free Market, Socialism
By global standards, the United States is a bulwark of capitalism. Yes, government is too big and there’s far too much intervention, but we have enough private property and free enterprise to be ranked #5 for economic liberty. Which helps to explain why...
by Dan Mitchell | Nov 26, 2019 | Blogs, Economics, Free Market
I’m a big fan of Marco Rubio. The Florida Senator has been very good on some big issues and on some small issues. And he’s willing to fight important philosophical battles. No politician is perfect (for instance, Rubio defends sugar subsidies), so I’ve always judged...
