by Dan Mitchell | Jan 3, 2026 | Blogs, Economics, Socialism
Nicolas Maduro was one of the worst dictators in the world. Between him an his socialist predecessor, Hugo Chavez, they turned the richest country in Latin America into a basket case. Living standards have collapsed. Millions of people have fled. Severe...
by Dan Mitchell | Jan 2, 2026 | Blogs
I’m going to start today’s column by acknowledging a mistake. Two days ago, as part of my Best and Worst News of 2025, I didn’t include Zohran Mamdani’s election as Mayor of New York City because I viewed him only as “a theoretical threat.” Yes, I knew he...
by Dan Mitchell | Dec 24, 2025 | Blogs, Economics, Free Market
For folks who aren’t busy with last-minute Christmas shopping (this book is a great gift), here’s a video looking at economic myths. The video begins with Professor Ben Powell debunking five myths about socialism. And it ends with me debunking seven myths about...
by Dan Mitchell | Dec 3, 2025 | Blogs, Socialism
Venezuela has a despicable and evil government. It is dead-last in the latest edition of Economic Freedom of the World and a miserable #159 (out of 165) in the latest edition of the Human Freedom Index. But rankings don’t capture the...
by Dan Mitchell | Nov 23, 2025 | Blogs, Socialism
Earlier this year, in Part I of this series, I reviewed some research showing that Cuba’s economic misery is almost entirely the result of socialist policies. The U.S. embargo, by contrast, has had comparatively little effect. Today, in Part II, let’s...
