by Dan Mitchell | Oct 14, 2022 | Blogs, Economics, Free Market
There are some Caribbean jurisdictions that are very rich and successful, such as the Cayman Islands. There are others that have middle-of-the-road track records, such as Barbados. Then there’s the basket case of Haiti. Here’s data from the World...
by Dan Mitchell | Sep 27, 2022 | Blogs, Economics, Socialism
Based on Sunday’s election in Italy, the nation’s next Prime Minister almost certainly will be Giorgia Meloni, which has some worried that Italy is returning to the “far right” fascism of Benito Mussolini. From an economic perspective, though, it would...
by Dan Mitchell | Sep 26, 2022 | Big Government, Blogs
The people of Iran are protesting against their tyrannical government. The trigger for the anger and unrest is the murderous brutality of the nation’s so-called Morality Police. I can’t help but wonder, though, whether there’s also national discontent because...
by Dan Mitchell | Sep 9, 2022 | Blogs, Economics, Free Market
When I wrote about the 2021 edition of Economic Freedom of the World, I noted that both Chile and Canada were drifting in the wrong direction. In the just-released 2022 version, there’s not any good news about those two...
by Dan Mitchell | Jul 11, 2022 | Big Government, Blogs
It’s not as bad as Cuba, North Korea, or Venezuela, but Argentina (as illustrated by this video) is a case study of how statism can ruin an economy. The most important takeaway from the video is that Argentina used to be one of the world’s richest nations. Even as...
