by Andrew F. Quinlan | Jun 5, 2019 | Big Government, Blogs, Economics, Free Market, Socialism
There’s a lot of talk of socialism these days. Unfortunately, it’s not limited to classrooms where children should learn about the many horrors suffered thanks to socialism’s numerous and consistent failures. And for those who don’t know their...
by Dan Mitchell | Jun 2, 2019 | Blogs, Economics, Socialism
Since I’m a policy economist, I rarely comment on political matters. But I am worried that the Democratic Party is veering too far to the left. Bernie Sanders, an out-of-the-closet socialist is leading the way, followed closely by other leading Democrats with...
by Dan Mitchell | May 13, 2019 | Blogs, Europe
By refusing to implement a Clean Brexit and instead pursuing a Brexit-in-Name-Only, Prime Minister Theresa May has dramatically reduced support for the Conservative Party in the United Kingdom. The poll numbers are now so bad that it is conceivable to imagine that...
by Dan Mitchell | May 3, 2019 | Blogs, Economics, Free Market, Socialism
In a column for the New York Times, Jochen Bittner writes about how a rising star of Germany’s Social Democrat Party wants the type of socialism that made the former East Germany an economic failure. Socialism, the idea that workers’ needs are best met by the...
by Dan Mitchell | May 2, 2019 | Big Government, Blogs, Economics, Socialism
Since I think comparative economics can be very enlightening, I’m quite pleased to see a new study by David Burton of the Heritage Foundation, which uses several metrics to assess the relative merits of socialism and free enterprise. This is not necessarily an easy...