by Dan Mitchell | Apr 3, 2022 | Blogs, Economics
Since I wrote yesterday about Ukraine’s terrible economic policy, fairness requires that I make the same points about Russia’s similarly dirigiste system. We’ll start with Russia’s scores from the latest edition of Economic Freedom of the World. Not...
by Dan Mitchell | Apr 2, 2022 | Blogs, Economics, Free Market
Regarding Russia’s reprehensible attack on Ukraine, I’ve written three columns. Russian oligarchs don’t deserve much sympathy because they got their riches through cronyism rather than capitalism.Western nations should weaken Putin by...
by Dan Mitchell | Mar 3, 2022 | Big Government, Blogs, Economics, Welfare and Entitlements
Joe Biden’s economic policy has been a disaster. He’s bad on the issues where Trump was bad (spending and trade).He’s bad on the issues where Trump was good (most notably, taxes).And he’s bad on the issues where Trump had...
by Dan Mitchell | Feb 24, 2022 | Blogs, Economics, Free Market, Socialism
For most of human history, we’ve had primitive and impoverished societies based on feudalism and tribalism. The good news is that capitalism began to emerge a couple of hundred years. The parts of the world that adopted free enterprise...
by Dan Mitchell | Feb 16, 2022 | Blogs, Free Market
When I first wrote about the Index of Economic Freedom back in 2010, the United States was comfortably among the world’s 10-freest nations with a score of 78 out of 100. By last year, America had dropped to #20, with a very mediocre score of 74.8....