by Dan Mitchell | Nov 24, 2022 | Blogs, Economics, Socialism
I normally share this video from Reason every Thanksgiving. But this year I’m going to recycle instead a video from John Stossel. The moral of the story is that societies based on collectivism do not succeed. People don’t work...
by Dan Mitchell | Nov 7, 2022 | Big Government, Blogs
As explained in my three-part series (here, here, and here), socialism is a poisonous ideology. With poisonous results. It is morally corrupt, elevating government over the individual and the family. And it is economically...
by Dan Mitchell | Oct 19, 2022 | Blogs
I wrote many years ago that China did not have a “tiger economy.” Indeed, I subsequently pointed out that China’s growth is not impressive when compared to East Asian nations that did enjoy rapid growth. My goal was to convince people that the U.S....
by Dan Mitchell | Oct 4, 2022 | Blogs, Economics, Free Market, Socialism
I have a multi-part series making the case for capitalism (Part I, Part II, Part III, Part IV, Part V, and Part VI), and I’ve shared lots of long-run data showing how some people began to enjoy unimaginable...
by Dan Mitchell | Sep 27, 2022 | Blogs, Economics, Socialism
Based on Sunday’s election in Italy, the nation’s next Prime Minister almost certainly will be Giorgia Meloni, which has some worried that Italy is returning to the “far right” fascism of Benito Mussolini. From an economic perspective, though, it would...