by Dan Mitchell | May 6, 2017 | Blogs, Economics, Free Market
When contemplating the importance of good public policy, we can learn a lot from bad examples. Why did the Soviet Empire collapse? Why are Cuba and North Korea so poor? Why is Venezuela falling apart? The answer, in no small part, is that economies suffer immensely...
by Dan Mitchell | Apr 6, 2017 | Blogs, Economics, Free Market
It appears that Venezuela is on the brink of collapse as it enters the fourth circle of statist hell. And the death of Cuba’s long-time dictator gives hope that the people of that island nation may soon escape communist tyranny. Moreover, one certainly hopes that the...
by Andrew F. Quinlan | Feb 24, 2017 | Opinion and Commentary
This article appeared on Inside Sources on February 22, 2017. Senate Democrats recently proposed a plan for $1 trillion in deficit spending on infrastructure. It would commit billions of taxpayer dollars to high-profile boondoggles, like high-speed rail, which...
by Dan Mitchell | Feb 15, 2017 | Blogs, Economics, Free Market
The Index of Economic Freedom is my favorite annual publication from the Heritage Foundation. It’s a rich source of information, using dozens of data sources, about economic liberty around the world. I first wrote about the Index back in 2010 and shared the bad news...
by Dan Mitchell | Jun 6, 2016 | Blogs, Economics
At the risk of oversimplifying, libertarians want to minimize the level of government coercion is society. That’s why we favor both economic liberty and personal liberty.Simply stated, you should have the right to control your own life and make your own decisions so...