by Dan Mitchell | Nov 26, 2010 | Blogs, Economics
There’s an odd debate in the blogosphere. As happens every Thanksgiving, libertarians and conservatives take joy in pointing out that there was mass starvation and suffering during the early years of the Plymouth Colony because of a socialist economic model. Here’s...
by Brian Garst | Sep 11, 2010 | Big Government, Blogs
It seems that reports of Castro’s conversion were premature. While American politicians are learning from Castro how to tank an economy with reckless government intervention (not that there’s any other kind), Castro has apparently learned from our pols how to walk...
by Dan Mitchell | Sep 9, 2010 | Big Government, Blogs, Economic Growth
Here’s a story for the better-late-than-never file. Former Cuban dictator Fidel Castro confessed that communism doesn’t work and that his nation’s economic system should not be emulated. Fidel Castro told a visiting American journalist that Cuba’s communist economic...
by Dan Mitchell | Sep 9, 2010 | Big Government, Blogs, Economics
I sometimes joke that the French are the world’s most statist people. I have no idea if that is actually true, but the latest protests in France certainly are a good piece of evidence. French workers (especially government bureaucrats) are protesting a plan to...
by Dan Mitchell | Sep 4, 2010 | Blogs, Education
This little story appeared in my inbox. It’s obviously meant to illustrate the perverse incentive structure created by redistribution, but one wonders why statists in the academic world don’t follow through on their convictions and use this grading system. A professor...