by Dan Mitchell | Dec 21, 2021 | Blogs, Economics, Socialism
Now that a socialist has been elected (with open support from the Communist Party), what comes next for Chile? Lots of bad policy, for sure, but Axel Kaiser warns that the left also wants to replace the country’s pro-liberty constitution. Axel, who is...
by Dan Mitchell | Dec 20, 2021 | Blogs, Economics, Socialism
I warned a few days ago that Gabirel Boric would be bad news if he won Chile’s presidential election. Well, he won, and now we’re going to find out whether he will repeal the policies that made the country successful. He definitely seems to be...
by Dan Mitchell | Dec 19, 2021 | Blogs, Free Market
Greetings from Santiago. Chileans vote today for a new president and there’s a risk that a Venezuelan-style leftist, Gabriel Boric, will prevail. And that puts at risk the economic progress described in this video. The video has a good discussion...
by Dan Mitchell | Dec 14, 2021 | Blogs, Economics, Free Market, Socialism
If you want visual proof of Chile’s “improbable success,” this chart tells you everything you need to know. Thanks to free-market reforms in the 1980s and 1990s, growth exploded, Chile became the Latin Tiger and poverty plummeted. It’s remarkable how...
by Dan Mitchell | Nov 25, 2021 | Blogs, Economics, Socialism
Over the years, I’ve shared three videos making the same point about how the first European settlers in America nearly starved because of socialism. Let’s recycle one of those videos today. To be sure, starving because of socialism didn’t...
