by Dan Mitchell | Jul 26, 2021 | Blogs, Economics, Socialism
I like cross-country comparisons – such as North Korea vs South Korea and East Germany vs. West Germany – because they can be very informative when comparing the results of socialism vs. markets. One of the most dramatic examples is Cuba vs....
by Dan Mitchell | Jul 14, 2021 | Big Government, Blogs, Economics, Socialism
Part I of this series looked at socialism’s track record of failure, while Part II pointed out that greater levels of socialism lead to greater levels of misery. For Part III, let’s start with this video on the economics of socialism. If the world was...
by Dan Mitchell | Jun 11, 2021 | Big Government, Blogs, Welfare and Entitlements
Back in 2016, I created a 2×2 matrix to illustrate the difference between redistributionism (tax Person A and give to Person B) and state planning (politicians and bureaucrats trying to steer the economy, either through direct...
by Dan Mitchell | Jun 3, 2021 | Blogs, Economics, Socialism
How should Nazism be classified, particularly when compared to socialism? Are these ideologies at opposite ends of a spectrum, or are they simply different sides of the same collectivist coin? In my humble opinion, both views are correct, which is why I...
by Dan Mitchell | May 5, 2021 | Big Government, Blogs, Europe
My approach during the Trump years was very simple. If he did good things, I applauded.If he did bad things, I criticized. Other people, however, muted their views on policy because of their partisan or personal feelings about Trump. I...
