by Dan Mitchell | May 22, 2018 | Blogs, Economics, Free Market
This morning in Monaco, I moderated a panel for the Convention of Independent Financial Advisors on the implications of an “uber-ized” economy. In my introductory comments, I asserted that the best part of capitalism was “creative destruction.” Simply stated, we all...
by Dan Mitchell | Apr 30, 2018 | Blogs, Free Market
Like many libertarians, I’ve always assumed that Thomas Jefferson was one of the best Founding Fathers. He certainly was an advocate of liberty and I’ve cited him several times (see here, here, here, here, here, and here) over the years. But maybe being quotable is...
by Dan Mitchell | Apr 12, 2018 | Blogs, Economics, Free Market
I periodically share data comparing the United States and Europe, usually because I want to convince people that America’s medium-sized welfare state is better (less worse) than Europe’s bloated welfare states. In other words, Bernie Sanders is wrong. But I sometimes...
by Dan Mitchell | Mar 5, 2018 | Blogs, Economics, Free Market
Not all leftists are alike. I speculated a couple of years ago that there were four types of statists and put them on a spectrum. I put “rational leftists” at one end. If you wanted to pick a nation that represents this mindset, think Sweden. Nice, civilized,...
by Dan Mitchell | Feb 25, 2018 | Blogs, Economics
In yesterday’s column, I shared a humorous video mocking the everywhere-its-ever-been-tried global failure of socialism. And I tried to preempt the typical response of my left-wing friends by pointing out that Scandinavian nations are not role models for statism. In...