by Dan Mitchell | Apr 25, 2019 | Big Government, Blogs, Economics, Free Market, Socialism, Welfare and Entitlements
I’ve repeatedly dealt with the argument over Denmark’s supposed socialism. My core argument is that Denmark is very bad on fiscal policy, but very laissez-faire on other issues such as regulation. The net effect is that Danes have about the same amount of economic...
by Dan Mitchell | Apr 17, 2019 | Blogs, Economics, Socialism
Every Thanksgiving, I share the story of how the Pilgrims nearly starved to death because of their experiment with collectivized agriculture. Once the settlers shifted to a system based on private ownership, however, their problems disappeared. The obvious moral of...
by Dan Mitchell | Apr 16, 2019 | Big Government, Blogs, Economics, Socialism, Taxation
Bernie Sanders demonizes the rich and argues that millionaires need to pay higher tax rates in order to finance a bigger burden of government. Which presumably means that he should surrender more of his income, since he is part of the gilded class. The New York...
by Dan Mitchell | Apr 14, 2019 | Blogs, Economics, Socialism
What’s socialism? Is it the centrally planned economies of Cuba and North Korea? Or the kleptocracies of Zimbabwe and Venezuela? How about the interventionist welfare states of Greece, Italy, and France? Or the redistribution-oriented Nordic nations? Since socialism...
by Dan Mitchell | Apr 10, 2019 | Blogs, Economics
I was in Bratislava earlier today as part of the Free Market Road Show, where I spoke about how European nations are in trouble because of excessive spending and aging populations. But I’m not going to write about my presentation because Peter Gonda of the...
