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...
by Dan Mitchell | Oct 31, 2021 | Big Government, Blogs, Economics, Socialism
Thanks to socialism, Venezuela is a basket case. This video from John Stossel asks if the United States can and should learn from this bad example. The easy answer is yes. Indeed, you can click here and here to get 56 examples of why we...
by Dan Mitchell | Aug 23, 2021 | Blogs, Economics, Free Market
I’ve made the case for capitalism (Part I, Part II, Part III, Part IV, and Part V) and the case against socialism (Part I, Part II, and Part III), while also noting that there’s a separate case to be made...
