by Dan Mitchell | Feb 3, 2021 | Big Government, Blogs, Economics, Socialism
The economic disintegration of Venezuela is a powerful example how socialism fails. Even in a nation with massive oil wealth. This video from Reason tells the tragic story. I think long-run data is especially valuable when...
by Dan Mitchell | Dec 11, 2020 | Blogs, Uncategorized
I’ve written about how our friends on the left represent the rich, and pointed out how big parts of their agenda are designed to help people with above-average incomes. Today, let’s have some fun with that issue. Bernie Sanders has three houses, yet complains about...
by Dan Mitchell | Nov 30, 2020 | Blogs, Economics, Free Market, Socialism
I’ve written a couple of times about a disturbingly large share of young people support statist economic policies. A good example can be seen in this polling data from the Pew Research Center (relevant data circled in red). Christopher Ingraham wrote about this survey...
by Dan Mitchell | Oct 28, 2020 | Blogs, Economics
Given my complete and utter disdain for socialism, I’m obviously a big fan of this discussion between Rand Paul and John Stossel. In the video, Paul and Stossel draw a distinction between market-friendly welfare states in Scandinavia and genuinely socialist nations...
by Dan Mitchell | Oct 8, 2020 | Blogs, Economics, Socialism
Every so often, I’ll grouse about media sloppiness/media bias, most often from the Washington Post or New York Times, but also from other outlets (Reuters, Time, ABC, the Associated Press, etc). Let’s add to the collection today by perusing an interesting – but...
