by Dan Mitchell | Apr 8, 2019 | Big Government, Blogs
I listed the collapse of Venezuela’s socialist dictatorship as one of my “hopes” for 2018. That didn’t happen, so I included the same hope in my list for 2019. But will it happen? David Asman seems very confident in this clip from a recent interview. I was a bit less...
by Dan Mitchell | Mar 30, 2019 | Blogs, Economics, Socialism
Redistribution has a corrosive impact on both ends. Recipients are harmed because they get trapped in dependency, and workers are harmed because taxes discourage productive behavior. Yet young people seem susceptible to this ideology, even when they are among the main...
by Dan Mitchell | Mar 26, 2019 | Big Government, Blogs
I’ve written about how totalitarian ideologies such as communism and Nazism have a lot in common. Both subordinate the individual to the state and both give the state power over the economy. And both slaughter millions of people. My buddy from grad school, Matt Kibbe,...
by Dan Mitchell | Mar 19, 2019 | Big Government, Blogs
I relentlessly mock socialism, in part because it’s such a target-rich environment. But I’m also hoping that humor is a way of debunking this wretched ideology. I’m worried, after all, that socialism may triumph thanks to a combination of “public choice” and...
by Dan Mitchell | Mar 11, 2019 | Big Government, Blogs, Economics
Socialism is a joke. It doesn’t work. And it is so often a gateway to totalitarianism. But that doesn’t mean it won’t happen. In this interview, I express my concern that the United States has passed a tipping point. In the discussion, I included my usual caveat...