by Dan Mitchell | Dec 1, 2019 | Big Government, Blogs, Economics, Socialism
Fifty years ago, Venezuela was ranked #10 for economic liberty and enjoyed the highest living standards in Latin America Today, the nation is an economic disaster. Hugo Chavez and Nicolas Maduro deserve much of the blame. Their socialist policies have dropped...
by Dan Mitchell | Nov 28, 2019 | Blogs, Economics, Free Market, Socialism
By global standards, the United States is a bulwark of capitalism. Yes, government is too big and there’s far too much intervention, but we have enough private property and free enterprise to be ranked #5 for economic liberty. Which helps to explain why...
by Dan Mitchell | Nov 16, 2019 | Blogs, Economics, Socialism
The Babylon Bee is America’s best site for political satire, with several appearances in my collection of libertarian humor. The site is great even when libertarians get mocked. Check out the following three stories. We’ll start with one about a vapid millennial (who...
by Dan Mitchell | Nov 1, 2019 | Big Government, Blogs, Economics, Socialism
Lord Acton famously noted that “power corrupts and absolute power corrupts absolutely.” I need to develop something similar about socialism. Based on the statism spectrum, it could be something like “socialism deprives and absolute socialism deprives absolutely.” In...
by Dan Mitchell | Oct 19, 2019 | Blogs, Economics, Free Market
John Papola has done it again. His video showing a Keynes v. Hayek rap contest was superb, and was followed by an equally enjoyable sequel featuring a boxing match between Keynes and Hayek. Now he has a rap contest about capitalism and socialism featuring Ludwig von...
