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...
by Dan Mitchell | Jan 6, 2018 | Blogs, Economics, Socialism
In recent months, I’ve written two very lengthy columns about the deterioration of Venezuela’s evil government. And I’ve also looked at long-run economic data to show how statism produces awful results for ordinary people. But I sometimes think anecdotes are the most...
by Dan Mitchell | Dec 20, 2017 | Blogs, Economics, Socialism
I wrote a lengthy column yesterday on the horrific situation in Venezuela. As I thought about the suffering, especially among the poor, I wondered whether Bernie Sanders and Joe Stiglitz are still willing to defend that country’s barbaric government. And I also...
