by Dan Mitchell | Aug 5, 2024 | Blogs, Economics, Free Market
The recipe for economic growth is not complicated. You can put it in very simple terms, as Adam Smith did a few hundred years ago. Or you can develop and utilize data-heavy indexes like the ones published by the Fraser...
by Dan Mitchell | Jul 30, 2024 | Blogs, Economics, Socialism
What’s the most unfortunate country in the world? North Korea? Zimbabwe? Cuba? Those are three good answers, but another option is Venezuela. Just a few decades ago, it was the richest nation in Latin America and life seemed very nice. But then the...
by Dan Mitchell | Jul 26, 2024 | Blogs, Economics, Free Market
For the final installment in this series (the first three parts can be viewed here, here, and here), let’s start with a video from Prager University. I like the video for the selfish reason that it matches my 2019 analysis. At the risk of over-simplification,...
by Dan Mitchell | Jul 25, 2024 | Blogs, Economics, Free Market
I wrote yesterday about an absurd example of media bias. A reporter for the New York Times authored a story about how people in the nation of Georgia supposedly miss communist enslavement. It was especially galling that the reporter repeatedly cited a radical Marxist,...
by Dan Mitchell | Jul 22, 2024 | Big Government, Blogs
Four years ago, I explained that Kamala Harris supported a very radical agenda of equality of outcomes rather than equality of opportunity. I don’t want to engage in hyperbole, but that’s unadulterated Marxism (“From each according to his ability,...
