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...
by Dan Mitchell | Oct 6, 2019 | Big Government, Blogs
I’ve opined that statist policies harm young people. I also shared this video explaining why big government is bad for millennials and the Gen-Z crowd. This should be a slam-dunk issue. After all, don’t they know how the communist world collapsed? Aren’t they aware of...
by Dan Mitchell | Aug 30, 2019 | Blogs, Economics, Socialism
Three years ago, I shared a cartoon that succinctly summarized the problem with socialism and the welfare state. It’s the same lesson that we also get from Thomas Sowell, which is that redistribution over time creates an ever-larger number of dependents financed by...
