by Dan Mitchell | Jul 25, 2019 | Blogs, Economics, Free Market
I’ve applauded China’s economic progress. It’s economic liberty score jumped from 3.64 in 1980 to 6.46 in the most recent edition of Economic Freedom of the World. That shift toward markets (which started in a village) helped to dramatically reduce poverty and turn...
by Dan Mitchell | Jul 20, 2019 | Big Government, Blogs, Society
As part of my collection of pro-and-con libertarian humor, I’ve shared some images of “Libertarian Jesus.” Libertarian Jesus I Libertarian Jesus II (though I suppose this is actually an example of anti-Libertarian Jesus) Libertarian Jesus III There’s another...
by Dan Mitchell | Jul 13, 2019 | Big Government, Blogs, Economics, Socialism
I’ve repeatedly warned about the downsides of socialism, calling it “evil and stupid,” as well as a “dreary failure.” Though these debates can be frustrating because of vague definitions. Some people, when they talk about socialism, are referring to government...
by Dan Mitchell | Jul 3, 2019 | Big Government, Blogs, Economics, Socialism
By offering all sorts of freebies to various constituencies, Bernie Sanders has positioned himself as the true-believing socialist in the Democratic race (even though he’s actually a member of the “top-1 percent”). But he has plenty of competition. Kamala...
by Dan Mitchell | Jun 22, 2019 | Blogs, Economics, Europe, Socialism
I don’t think either Senator Bernie Sanders or Representative Alexandria Ocasio-Cortez actually understand that socialism is an economic system based on government ownership of the means of production, augmented by central planning, and price controls. For what it’s...
