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...
by Dan Mitchell | Feb 17, 2019 | Blogs, Economics, Socialism
Over the past four days, I’ve looked at the supposed socialism of Venezuela, the Nordic nations, Greece, and France. And I chose those nations deliberately because I used them as examples in this clip from a recent interview. All of them are sometimes labeled as...
by Dan Mitchell | Feb 16, 2019 | Blogs, Economics, Socialism
My multi-part series on Socialism in the Modern World has featured Venezuela, the Nordic nations, and Greece. But no discussion of dirigiste policy would be complete without a look at France. After all, not only does France have a history of imposing 100-percent-plus...
by Dan Mitchell | Feb 15, 2019 | Big Government, Blogs, Socialism
In Part I of this series, we examined the horrific tragedy of Venezuelan statism, and in Part II of this series, we looked at the Scandinavian “free-market welfare state.” Today, Part III will look at the ongoing deterioration of Greece. I’ve written many times about...
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...