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The Transition from Communism in the Soviet Bloc and Lessons for Cuba, North Korea, and Venezuela

The Transition from Communism in the Soviet Bloc and Lessons for Cuba, North Korea, and Venezuela

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...
As Confirmed by New Global Rankings, Rule of Law Is Why Western Civilization Is Superior

As Confirmed by New Global Rankings, Rule of Law Is Why Western Civilization Is Superior

by Dan Mitchell | Oct 21, 2016 | Blogs

The great contribution of western civilization is the notion that the power of government must be constrained by laws. This doesn’t mean that all laws (or even most laws) are good. But, as explained in this video, if the choice is between the “rule of man” (the...
If We’re Going to Trust Governments to Enforce Law, then Governments Should Obey Law (and Limit Law)

If We’re Going to Trust Governments to Enforce Law, then Governments Should Obey Law (and Limit Law)

by Dan Mitchell | Oct 1, 2016 | Big Government, Blogs, Privacy

One of the big challenges for libertarians is that we understand “public choice theory.” In other words, we know that people attracted to government will have both the incentive and the power to do bad things, so our quandary is how to give government the authority to...
The Obama Administration’s Assault on the Rule of Law

The Obama Administration’s Assault on the Rule of Law

by Dan Mitchell | Sep 6, 2016 | Big Government, Blogs, Regulations, Taxation

What’s the worst development in economic policy of the Obama years? The faux stimulus scheme? The Obamacare boondoggle? The fiscal cliff tax hike? The Dodd-Frank bailout bill? Those are all good answers, but if you look at the data from Economic Freedom of the World,...

Economic Freedom in America Is Declining Mostly Because of Creeping Protectionism and the Loss of Rule of Law and Property Rights

by Dan Mitchell | Aug 25, 2015 | Big Government, Blogs, Economics, Regulations

This century has not been good news for economic liberty in the United States. According to Economic Freedom of the World, America has dropped from being the 3rd-freest economy of the world in 2001 to the 12th-freest economy in themost recent rankings. Perhaps more...
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