by Dan Mitchell | Apr 14, 2018 | Blogs, Economics
When trying to convince someone about the downsides of socialism, I generally make a practical argument. I point out that socialism has universally failed, whether looking at totalitarian versions in places such as North Korea and Cuba or democratic versions in places...
by Dan Mitchell | Apr 2, 2018 | Big Government, Blogs
Yesterday’s column looked at the continued government-caused decay of Venezuelan society. To put it mildly, it’s a very sad story of how pervasive statism can destroy a country. I also wondered whether leftists such as Bernie Sanders, Michael Moore, and Jeremy Corbyn...
by Dan Mitchell | Apr 1, 2018 | Big Government, Blogs
As far as I’m concerned, everything you need to know about capitalism vs. statism is captured in this chart comparing per-capita economic output in Chile and Venezuela. Ask yourself which country offers more opportunity, especially for the poor? The obvious answer is...
by Dan Mitchell | Feb 24, 2018 | Blogs
I like to share examples of political/policy humor, including self-deprecating jokes that poke fun at libertarians (we may be dorky, but at least we don’t want to control your life!). But I have a challenge. When sharing jokes that make mock leftist economics, I have...
by Dan Mitchell | Feb 13, 2018 | Big Government, Blogs
It’s now a pattern. I’ll come across a soul-sapping story about terrible suffering caused by statism in Venezuela and I think the country has hit rock bottom. Such as back in September, when I read about people literally starving. But then I will read another report...
