by Dan Mitchell | Feb 14, 2019 | Big Government, Blogs, Economics, Socialism, Welfare and Entitlements
In Part I of our series on Socialism in the Modern World, we looked at the tragic story of Venezuela. Today, we’re going to look at what we can learn from the Nordic nations. And the first thing to understand, as I explain in this interview, is that these nations are...
by Dan Mitchell | Feb 13, 2019 | Big Government, Blogs, Economics, Socialism
With the surprising success of Senator Bernie Sanders in the last presidential race and the more-recent instant-celebrity status of Representative Alexandria Ocasio-Cortez, some are wondering if the United States is about to enter a “socialist era”. I’ve criticized...
by Sven R. Larson | Feb 12, 2019 | Big Government, Blogs, Welfare and Entitlements
As the new young radical Democrats in Congress ramp up their efforts to advance their ideology, Republicans have started labeling their ideas “socialism”. From this, one could easily get the impression that the 2020 election is shaping up to be an ideological...
by Dan Mitchell | Feb 11, 2019 | Big Government, Blogs
As an economic system for a nation, socialism is a miserable failure. Especially real socialism (government ownership of the means of productions, government-dictated prices, etc). But that doesn’t stop some people from defending socialism. They claim the theory is...
by Dan Mitchell | Jan 21, 2019 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
If nothing else, Alexandria Ocasio-Cortez gives me a lot to write about…and to laugh about. I recently pontificated about her crazy idea to impose a top tax rate of 70 percent, which would reverse the very successful experiment we had in the 1980s (and presumably have...
